Don’t miss the latest developments in business and finance.

India Attracts USD 343.64 Million FDI Equity Inflow In R&D Sector In 2021

Image
Capital Market
Last Updated : Jul 20 2022 | 10:04 AM IST

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). FDI is permitted under 100% automatic route in R&D sector subject to applicable laws/regulations, security and other conditionalities. Karnataka is the top FDI Equity recipient state in R&D during C.Y. 2021 followed by Telangana and Haryana. 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%).

Powered by Capital Market - Live News

Also Read

First Published: Jul 20 2022 | 9:48 AM IST

Next Story