US$23,441 million was FDI equity
India has secured US$28,102 million Foreign Direct Investments (FDI) inflows during the second quarter of the financial year 2020-21 (July-September 2020), the Ministry of Commerce and Industry said on 28 Nov 2020.
It said US$23,441 million or Rs.174,793 crore was FDI equity of the second quarter FDI.
This takes the FDI equity inflows during the financial year 2020-21 up to September 2020 to US$30,004 million, up 15% on the total investment secured during the corresponding period of 2019-20.
In rupee terms, the FDI Equity inflows of Rs.224,613 crore were 23% more than the last year.
August 2020 has been the significant month when US$17,487 Million FDI equity inflows were reported in the country, said the Ministry. #investment #projects #development /fiinews.com
