Edited By PTI News Agency,Updated: 31 Aug, 2022 09:43 PM
New Delhi, August 31 (Language) Foreign direct investment (FDI) equity inflows into the country declined by six per cent to $16.59 billion in the April-June quarter of the current fiscal.
The Department for Promotion of Industry and Internal Trade (DPIIT) gave this information in its data released on Wednesday.
The FDI equity inflow into the country was $17.56 billion during the corresponding period of the previous financial year.
At the same time, the total FDI inflow during the first three months of the current financial year stood at $ 22.34 billion. This includes equity inflows, reinvestment of income and other capital. It was $22.52 billion in the same period of the previous fiscal.
Singapore emerged as the top investor with FDI of $5.7 billion during the April-June period.
During the period, Mauritius received $2.4 billion, UAE $2.2 billion, Netherlands $1 billion and Japan $851 million.
According to the data, in the first quarter of the current financial year, the highest FDI of $ 3.5 billion came in the computer software and hardware sector.
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