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13 percent rise in foreign direct investment
February 2 , 2021
1395 days
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- India witnessed a 13% rise in foreign direct investment (FDI) to $57 billion in 2020 compared to the previous year.
- The domestic figure was boosted by investments in the digital economy.
- China overtook the US as the largest recipient of FDI globally, according to an UNCTAD report.
- India and China were the only two countries which saw FDI rising in 2020.
- The rest of the world, including developed economies such as the UK and the US, saw sharp declines.
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