FDI flows into the country during 2020-21 stood at $54.67 billion, according to figures released by the Reserve Bank of India. Outbound FDI flows, i.e., investments made by Indian companies in foreign countries during the year under review were $11.30 billion.
Net FDI inflows, therefore, were $43.37 billion, a new high, comfortably overhauling the previous record of $43.01 billion set in the previous financial year.
Foreign investors also continued to pour money into the country’s debt and equity markets, pumping in as much as $36.16 billion during the financial year ended March 31, 2021. This took the benchmark BSE Sensex from a level of 28,265.31 on April 1, 2020 to 49,569.15 on March 31, 2021. Along the way, it touched 50,000 for the first time on January 21, 2021.