Gandhinagar: Gujarat with securing 37 per cent investment of the total industrial investment made by Foreign Direct Investment (FDI) in the country in year 2020-21 has taken the top position for the 4th consecutive year in the country, said the State government adding that for the second year in a row, Gujarat, even in the currently prevalent Corona transition situation, Gujarat has attained the achievement of the highest FDI inflows in the country.

During this financial year 2020-21, most of the foreign investment in Gujarat has come in the field of computer software and hardware at 94 per cent. Gujarat alone accounts for 78 % of the country’s total investment in this sector. In this sector, Karnataka secured second position with just 9% and Delhi secured 5 per cent only.

In the financial year 2020-21, Gujarat is ahead of the rest of the country with 37 per cent FDI, followed by Maharashtra with 27 % and Karnataka with 13 %; it means Gujarat has 10 per cent more than Maharashtra and 24 per cent more than Karnataka in the FDI. As a result of Gujarat Government’s transparent policy and various incentives, the state has become the best choice for investment in India for foreign entrepreneurs.

India has received the highest ever total FDI inflows of total 81.72 billion USD in year 2021, which is 10 per cent more compared to 74.39 billion USD in 2019-20.

The Ministry of Commerce and Industry of the Government of India has released a list of details of foreign direct investment in the country and the contributions of various states in it, stating that effective policy reform in foreign direct investment (FDI), investment facilitation and easy business policies as well as the effective measures taken by the government have resulted in an increase in foreign investment in the country. The list also states that India is becoming the first choice of foreign investors due to such various measures.