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Singapore and USA- Biggest FDI Sources for India

Published on December 01, 2020
Current Context: The DPIIT’s (Department for Promotion of Industry and Internal Trade) data for Foreign Direct Investment (FDI) has mentioned the names of top investing nations in India
Singapore and USA- Biggest FDI Sources for India
during April-September 2020. 
  • As per the data, Singapore has become the top source of FDI by investing Rs 62,084 crores (USD 8.30 billion). 
  • The second source of FDI is marked by the USA which has invested Rs 53,266 crores (USD 7.12 billion) in India.
  • The USA has overtaken Mauritius which hold the 2nd rank during the first half of the current fiscal year. 
  • And the third position is marked by Cayman island which has invested Rs 15,672 crore in India. 
  • Mauritius is in the fourth position as it has invested Rs 15,019 crore in India.
  • As per the data from DPIIT, Computer software and hardware sector has in total received an investment of Rs 131,169 crore and this sector has become major FDI equity inflows based sector.

Question: 

Q.1 Which country is the biggest source of FDI in India as per DPIIT’s data for April-September 2020?
a. Singapore
b. USA
c. Mauritius
d. None of the above
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