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New Delhi : Total Foreign Direct Investments (FDI) inflows into India during the second quarter of financial year 2020-21 (July, 2020 to September, 2020) have been US$ 28,102 million of which FDI equity inflows were US$ 23,441 million or Rs. 1,74,793 crore.
This takes the FDI equity inflows during the financial year 2020-21 up to September 2020 to US$30,004 million which is 15% more than the corresponding period of 2019-20. In rupee terms, the FDI Equity inflows of Rs 2,24,613 crore are 23% more than the last year. August, 2020, has been the significant month when US$ 17,487 Million FDI equity inflows were reported in the country, according to a PIB release.
In terms of the Countries from where FDI Equity Inflows were reported to India, during April, 2000 to September, 2020; maximum FDI Equity inflows have been reported from Mauritius, followed by Singapore and the USA. Among the sectors, Services sector has received maximum FDI equity inflows, during April, 2000 to September, 2020; followed by Computer Software & Hardware, and Telecommunications.
Gujarat has been the major beneficiary state of the FDI Equity inflows during October, 2019, to September, 2020, followed by Maharashtra and Karnataka.