Home East Africa Mauritius third largest investor in India behind Singapore and the US

Mauritius third largest investor in India behind Singapore and the US

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Mauritius, Singapore, and the USA together accounted for 60.93 percent of the total equity FDI inflow to India in 2021. This was followed by the Netherlands with 7.86 percent share and Switzerland with 7.31 percent share. This information is contained in the data released by the Ministry of Commerce & Industry

Mauritius, Singapore, and the USA together accounted for 60.93 percent of the total equity FDI inflow to India in 2021. This was followed by the Netherlands with 7.86 percent share and Switzerland with 7.31 percent share. This information is contained in the data released by the Ministry of Commerce & Industry.

The UNCTAD World Investment Report 2022, in its analysis of the global trends in FDI inflows, revealed India has improved one position to 7th rank among the top 20 host economies for 2021. Mauritius topped the list of countries for many years for channelizing investments into the country.  It is estimated that investment from Mauritius during the fiscal year 2022 is projected to increase to US$9.4 billion as against US$ 5.6 billion in the previous year.

Despite the ongoing pandemic and global developments, India received the highest annual FDI inflows of $84.83 billion in FY 2021-22 overtaking last year’s FDI by $2.87 billion. Earlier, FDI inflows increased from $74.39 billion in FY 2019-20 to $81.97 billion in FY 2020-21.

India is rapidly emerging as a preferred country for foreign investments in the manufacturing sector including Mauritius. FDI Equity inflow in manufacturing sectors has increased by 76 percent in FY 2021-22 ($21.34 billion) compared to the previous FY 2020-21 ($12.09 billion).

 Read Also:

https://trendsnafrica.com/sas-digital-institution-to-extend-skill-sets-to-mauritius/

https://trendsnafrica.com/mauritius-faces-a-steep-increase-in-prices-government-intervention-to-arrest-the-increase/

https://trendsnafrica.com/mauritius-woos-tourists-with-long-term-visas/

The Indian Government has implemented several reforms under the FDI policy regime across sectors such as insurance, defence, telecom, financial services, pharmaceuticals, retail trading, e-commerce, construction & development, civil aviation, manufacturing, etc.

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