Singapore occupies the first place in the list of FDI with an investment of $ 15.9 billion. After this, the US is second with FDI of $ 10.5 billion and Mauritius is third with $ 9.4 billion.
Singapore tops in FDI in India
Singapore ranks first among the countries from which India has received the most foreign direct investment (FDI). In the financial year 2021-22, India received FDI of $ 58.8 billion, in which Singapore’s investment was the highest. America is followed by this. There are 15 countries of the world which are investing the most in India. The names of Singapore, America and Mauritius are prominent in this list. The important thing is that the name of neighboring country China is missing from the list of countries with FDI. It is not only from the current financial year, but from the period of 2017-18 that the name of China is missing from the list of countries making foreign investment in India.
The information about FDI has been given by the Reserve Bank of India and this report has been published by the news agency IANS. To know which country has invested how much money in India under FDI, you can see the contribution of those countries. Singapore occupies the first place in the list of FDI with an investment of $ 15.9 billion. After this, the US is second with FDI of $ 10.5 billion and Mauritius is third with $ 9.4 billion.
Which countries did FDI
After these countries, the tax haven Cayman Islands has also imposed big FDI in India. Cayman Islands has invested $3.8 billion in India. The special thing is that the Cayman Islands have left behind many of the world’s superpowers such as the UK, Germany, UAE, Japan and France. However, the names of these countries are included in the list of 15 FDI countries.
Regarding FDI from Cayman Islands, experts believe that this money invested in India can be ‘pure’, but later this investment can also create turmoil. If we look at the account of the last 5 years, Singapore has consistently remained the highest FDI paying country in India since 2017-18. This small country invested $12.2 billion in India in 2017-18, $16.2 billion in 2018-19, $14.7 billion in 2019-20 and $17.4 billion in 2020-21.
China’s name missing from the list
In the last 5 years, after Singapore, the name of America and Mauritius has remained prominent in FDI. The name of China is missing in the list of these countries. Experts say about this that the Indian government first approves Chinese companies, only then there is talk of FDI. In July this year, 382 FDI proposals were received from Chinese companies, out of which only 80 companies were approved to invest in India. Another important fact is that countries like Germany, Canada, France and Denmark have invested less than $1 billion in India in 2021-22.