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Foreign direct investment - Tamil Nadu
March 30 , 2022
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- The foreign direct investment (FDI) in Tamil Nadu grew about 41.5% to ₹17,696 crores (about $2.4 billion) in April-December 2021.
- This has improved from ₹12,504 crores (about $1.7 billion) in the same period of 2020 (when the first wave of COVID-19 started).
- Of this, 53% or ₹9,332 crores came in the October-December 2021, the third quarter of the financial year 2021-22.
- According to data from the Department for Promotion of Industry and Internal Trade, under the Union Ministry of Commerce and Industry, Tamil Nadu’s share in the total FDI in the country increased to 5% from 4%.
- Tamil Nadu has the fifth-highest share, after Maharashtra, Karnataka, Gujarat, and Delhi.
- April-September 2021, the State attracted ₹8,364 crores.
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