US second largest source of FDI in India

Tribune News Service

Updated At : 01:01 PM May 29, 2021 IST

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New Delhi, May 28

The US replaced Mauritius as the second largest source of foreign direct investment (FDI) into India during 2020-21 with inflows of $13.82 billion, according to the government data.

Singapore remained the top source of FDI into the country for the third consecutive fiscal at $17.41 billion.

During the last fiscal, India attracted $5.64 billion in FDI from Mauritius, as per the data by the Department for Promotion of Industry and Internal Trade. — PTI

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