India topped ૬૪ 2 billion in Corona by 2020, fifth in the world

Nine Delhi, Ta. 21

Even during the Corona crisis, India has been successful in attracting foreign direct investment. During the year 2020, India received 2 billion in foreign direct investment (FDI) and is ranked fifth in the world in terms of foreign investment.

It may be mentioned that during the year 2016, FDI in India was 21 billion. This is stated in a report of the United Nations (UN).

The second wave of the Corona epidemic in India has had a serious impact on the economic activities of the outbreak, but strong structural factors have maintained optimism for the medium term.

The World Investment Report 2021, released by the United Nations Conference on Trade and Development on Monday, said the global FDI inflows have been severely affected by the epidemic. As a result, global capital inflows fell by 9% in the year 2020 to વર્ષ 1,000 billion from ૫ 1,200 billion.

According to the report, Lockdown has slowed down the current capital inflows due to Kovid-17 around the world and global industry has been forced to re-evaluate new projects in anticipation of a recession. FDI in India has grown by 3% to વર્ષ 6 billion in 2020 from ૫ 21 billion in 2016. With the acquisition of Information and Communication Technology, India has become the fifth largest recipient of FDI in the world.

Demand for digital infrastructure and services has increased worldwide due to the Corona epidemic. Online retail giant Amazon has announced a 4.5 billion investment in India's information and communication technology (ICT) sector.

Rising FDI in India has also pushed South Asia's FDI by 20 per cent to ૭ 21 billion.