Sunday, January 19, 2025 | 11:41 AM ISTEN Hindi

Home / Economy / News / India witnesses highest growth in FDI in 2020 due to digital investments

India witnesses highest growth in FDI in 2020 due to digital investments

On the other hand, fund flows "declined most strongly" in major economies such as the UK, the US and Russia due to the pandemic

currency, indian rupees, investment, FDI, Sovereign wealth fund, renminbi, yuan

Premium

Such a low level was last seen in the 1990s and is more than 30% below the investment trough that followed the 2008-2009 global financial crisis

Indivjal Dhasmana

1 min read Last Updated : Jan 26 2021 | 1:06 AM IST

FDI flows into India rose 13% in 2020, the highest among top recipients of FDI in 2019, due to investments in the digital sector. It was followed by China which saw 4% growth, said the UN Conference on Trade and Development.

On the other hand, fund flows "declined most strongly" in major economies such as the UK, the US and Russia due to the pandemic. Global FDI collapsed in 2020 by 42% to an estimated $859 bn from $1.5 trn in 2019. Such a low level was last seen in the 1990s and is more than 30% below the investment trough

Topics : foreign direct investments Investments

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in