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Mahesh

20/07/22 07:06 AM IST

India attracts USD 343.64 million FDI equity inflow in R&D sector during 2021

In News 
  • India attracted USD 343.64 million FDI equity inflow in R&D sector during C.Y. 2021 (Calendar Year) which is 516% higher as compared to previous C.Y. 2020 (USD 55.77 million).
Performance of States 
  • Karnataka is the top FDI Equity recipient state in R&D during C.Y. 2021 followed by Telangana and Haryana.
  • The following states showed growth of more than 250% during C.Y. 2021 compared to previous C.Y. 2020: Telangana, Karnataka, Haryana, Andhra Pradesh & Tamilnadu.
Investor 
  • Singapore is the top investing country in R&D during C.Y. 2021 with 40% share of total FDI Equity in R&D followed by Germany (35%) and U.S.A (11%).
  • Further, FDI Equity inflow from several countries like Germany, Mauritius, France, Singapore, Oman and U.S.A. showed an increase of more than 200% as compared to previous C.Y. 2020.
  • Daimler Truck Innovation Center was the top FDI Equity inflow recipient company in R&D during C.Y. 2021 with 35% share of total FDI Equity in R&D
Source- PIB 

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