Odisha's FDI equity inflows surge 330% to $43 million in H1FY20

FDI equity inflows in Gujarat more than doubled from $1.5 billion in H1 FY19 to $3.5 billion in H1 FY20

Odisha’s Foreign Direct Investment (FD) equity inflows have soared 330 per cent during H1 or April-September period of FY20. FDI inflows into the state rose from $10 million to $43 million.

Odisha ranks next only to Kerala & Lakshwadeep in terms of registering growth in inbound FDIs where the FDI growth stood at 406 per cent year-on-year, said a study by CARE Ratings, quoting figures from the Department for Promotion of Industry & Internal Trade (DPIIT).  

In terms of growth, the FDI equity inflows increased in Kerala, Odisha and North Eastern states while Andhra Pradesh, West Bengal, Chandigarh (including Punjab,