Foreign direct investment (FDI) into India dipped by 34 per cent to $10.94 billion during April-June period this fiscal year, according to the Department for Promotion of Industry and Internal Trade (DPIIT).
India had gained one notch to emerge the seventh highest FDI recipient in calendar 2021 despite inflows shrinking about 30% to $45 billion from $64 billion in 2020, according to the United Nations Conference on Trade and Development. Global FDI flows recovered to pre-pandemic levels in 2021, reaching nearly $1.6 trillion.