India rapidly emerging as preferred country for foreign investments in manufacturing sector: Govt

July 29, 2022

According to the Union Government that India is rapidly emerging as a preferred country for foreign investments in the manufacturing sector.
According to the Commerce and Industry Ministry FDI Equity inflow in manufacturing sectors have increased by 76 per cent in last financial year compared to 2020-21.
Karnataka with over 37 per cent and Maharashtra with over 26 per cent are the top two states in receiving highest FDI Equity Inflow.
According to the Ministry, Singapore and USA have emerged as top two sourcing nations in FDI equity flows into India in 2021-22 followed by Mauritius, Netherland and Switzerland.