Foreign Direct Investment (FDI) flows to India in 2021 were 26% 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 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 level.
The UNCTAD Secretary General, Rebeca Grynspan said, “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.” INP
