FDI flows to India slip 26% in 2021: UN report
Millennium Post Delhi|January 21, 2022
The report released in June last year had said that amid Covid-pandemic, India received $64 bn in FDI in 2020

UNITED NATIONS: Foreign Direct Investment (FDI) flows to India in 2021 were 26 percent 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 percent to an estimated $1.65 trillion, from $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 $777 billion in 2021 - three times the exceptionally low level in 2020.

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