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Showing posts with the label foreign investment in india 2020

Foreign Investment

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Foreign Investment in India Introduction During liberalization in the year 1991, the government has eased the country's investment policies. It has made India an ideal investment hub for foreign investors. Investment by foreign companies are also attracted by lower wages, investment privileges, a good business environment, etc. FDI inflows According to the investment report 2021, India FDIs were bolstered due to the acquisition in information, communication technology and construction sectors. Total FDI Inflow FY20-21, India has attracted a 10% higher FDI inflow than the previous year. Computer software and hardware are reported as a top sector for inflow with a 55% share of the total FDI inflow, construction infrastructure at 16% & service sector at 11%. Among states, Gujarat, Maharastra and Karnataka attracted maximum investment by FDIs. Boost in FDI investment The government has relaxed FDI norms in various sectors like telecom, power exchange PSU oil refineries. Few are lis