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India's Total FDI Inflow Rises 168% To $22.53 Billion In June Quarter

Under the auto industry, majority of FDI disinterestedness arrival (88 per cent) was appear in Karnataka

India admiring a absolute adopted absolute advance (FDI) arrival of $ 22.53 billion from April to June which was 90 per cent college from $11.84 billion in the year-ago period, the government said on Saturday.

FDI disinterestedness arrival grew by 168 per cent in the aboriginal three months of FY 2021-22 ($17.57 billion) compared to the year-ago aeon ($6.56 billion).

Automobile industry emerged as the top area during the aboriginal three months of FY 2021-22 with 27 per cent allotment of absolute FDI disinterestedness arrival followed by computer software and accouterments (17 per cent) and casework area (11 per cent) respectively.

Under the automobile industry, the majority of FDI disinterestedness arrival (88 per cent) was appear in the accompaniment of Karnataka.

Karnataka was the top almsman accompaniment during FY 2021-22 (upto June) with 48 per cent allotment of the absolute FDI Disinterestedness inflows followed by Maharashtra (23 per cent) and Delhi (11 per cent).

"Measures taken by the government on the fronts of FDI action reforms, advance abetment and affluence of accomplishing business accept resulted in added FDI inflows into the country," said a account issued by the Ministry of Commerce and Industry.

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