Explore Business Standard
Don’t miss the latest developments in business and finance.
Foreign Direct Investment (FDI) flows to India in 2021 were 26 per cent lower, mainly because large M&A deals recorded in 2020 were not repeated, the UN trade body has said. The UN Conference on Trade and Development (UNCTAD) Investment Trends Monitor published on Wednesday said global foreign direct investment flows showed a strong rebound in 2021, growing 77 per cent to an estimated USD 1.65 trillion, from USD 929 billion in 2020, surpassing their pre-COVID-19 level. Recovery of investment flows to developing countries is encouraging, but the stagnation of new investment in the least developed countries in industries important for productive capacities, and key Sustainable Development Goals (SDG) sectors - such as electricity, food or health - is a major cause for concern, said UNCTAD Secretary-General Rebeca Grynspan. The report said developed economies saw the biggest rise by far, with FDI reaching an estimated USD 777 billion in 2021 - three times the exceptionally low level .
Foreign Direct Investment (FDI) to India declined to USD 40 billion in 2017 from USD 44 billion in the previous year, said UNCTAD'S World Investment Report 2018. "FDI inflows to South Asia contracted by 4 per cent to USD 52 billion, owing to a drop in inflows to India" the report said today. As per the UNCTAD, the foreign inflows to India decreased from USD 44 billion in 2016 to USD 40 billion in 2017. Cross-border M&A sales, however, rose from USD 8 billion to USD 23 billion driven by a few large deals in extractive and technology related industries. The report said the Petrol Complex Pte Ltd (Singapore), owned by Rosneftegaz (Russian Federation) acquired a 49 per cent stake of Essar Oil Ltd, the second largest privately owned Indian oil company, for USD 13 billion. An investor group including eBay (United States), Microsoft Corporation (United States) and Tencent Holdings (China) acquired a stake in Flipkart Internet for USD 1.4 billion, and Soft Bank (Japan) acquired a 20 per .