Press Conference

India Attracts 516% Higher FDI Equity Inflow in R&D Sector During 2021 » Bhajpa Ki Baat

FDI Equity Inflow Grows By 168% » Kamal Sandesh

Karnataka is the top FDI Equity recipient state in R&D followed by Telangana and Haryana

• Singapore is the top investing country in R&D with 40% share of total FDI Equity in R&D followed by Germany and U.S.A
• Robust and growing R&D sector to benefit the economy by driving innovation, increasing productivity, thereby leading to higher economic growth

India attracted USD 343.64 million FDI equity inflow in R&D sector during C.Y. 2021 (Calendar Year) which is 516% higher as compared to previous C.Y. 2020 (USD 55.77 million). FDI is permitted under 100% automatic route in R&D sector subject to applicable laws/regulations, security and other conditionalities.

Karnataka is the top FDI Equity recipient state in R&D during C.Y. 2021 followed by Telangana and Haryana. The following states showed growth of more than 250% during C.Y. 2021 compared to previous C.Y. 2020: Telangana, Karnataka, Haryana, Andhra Pradesh & Tamilnadu.

Singapore is the top investing country in R&D during C.Y. 2021 with 40% share of total FDI Equity in R&D followed by Germany (35%) and U.S.A (11%). Further, FDI Equity inflow from several countries like Germany, Mauritius, France, Singapore, Oman and U.S.A. showed an increase of more than 200% as compared to previous C.Y. 2020.

 

(News Source -Except for the headline, this story has not been edited by Bhajpa Ki Baat staff and is published from a Bhajpa Ki Baat feed.)

Leave a Reply

Your email address will not be published. Required fields are marked *