FDI in India rose by 13% in 2020 as inflows declined in major economies
Updated Jan 28, 2021 07:44 am
- Foreign Direct Investment into India rose by 13 percent in 2020, boosted by interest in the digital sector, and while fund flows "declined most strongly" in major economies such as the UK, the US, and Russia due to the COVID-19 pandemic, India and China bucked the trend, the UN has said.
- An 'investment trends monitor' issued by the United Nations Conference on Trade and Development (UNCTAD) on Sunday said that global foreign direct investment (FDI) collapsed in 2020 by 42 percent to an estimated USD 859 billion from USD 1.5 trillion in 2019.
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