Over the years, India has successfully positioned itself as one of the most attractive destinations for Foreign Direct Investment across the globe.
India was the fourth major host of greenfield FDI projects and eighth major host of cross-border M&A deals between 2004 to 2015, according to a research paper titled ‘Future of Regional Cooperation in Asia and Pacific’ released on the Asian Development Bank website on 25 November 2020.
Since January 2020, the Coronavirus (COVID-19) pandemic has taken a huge toll on the global economy. In India as well, the impact of the national lockdown imposed in March 2020, followed by cautious “un-locking” since June 2020, resulted in 24% contraction in GDP during the first quarter (April – June) of 2021. FDI into India, at US$6.5 billion during the first quarter, also registered a steep decline compared to the previous year. In the second quarter of the financial year 2020-21 (July to September 2020), the contraction in GDP was 7.5%. However, since then there has been a remarkable recovery. After two consecutive quarters of contraction, India’s GDP for October-December 2020 (Q3) grew by 0.4 per cent, marking a return to the pre-pandemic times of positive growth rates, as well as a further strengthening of V-shaped recovery that began in Q2 of 2020-21 (more details) and continued in the next quarter (Q4) as well. As per the Provisional Estimates of National Income for 2020-21, released by the Government on 31 May 2021, India registered GDP growth of 1.6 per cent in the last quarter (January to March 2021) of the year.
As per the First Revised Estimates for the year 2020-21 (Press Note dated 31 January 2022, issued by National Statistical Office NSO, Ministry of Statistics and Programme ImplementationNominal), the GDP at constant (2011-12) prices for the years 2020-21 registered a contraction of 6.6% as compared to growth of 3.7% during 2019-20.
In the current financial year 2021-22, the economic recovery has gained further momentum. India’s GDP at Constant (2011-12) Prices in Q1 of 2021-22 (April to June 2021) was estimated at Rs. 32.38 trillion, showing a growth of 20.1% over previous year, as compared to contraction of 24.4% in Q1 2020-21. In the second quarter of 2021-22 (July to September), India’s GDP increased by 8.4% (Rs. 35.73 trillion) over the same period in 2020-21. The growth trend has continued in the third quarter as well. As per data released by National Statistical Office (NSO), Ministry of Statistics and Programme Implementation on 28 February 2022, India’s GDP at Constant (2011-12) Prices in Q3 of 2021-22 (October to December 2021) is estimated at Rs 38.22 trillion, showing a growth of 5.4% over Q3 in 2020-21. India’s GDP at Constant (2011-12) Prices in Q3 of 2021-22 (October to December 2021) is estimated at Rs 38.22 trillion, showing a growth of 5.4% over Q3 in 2020-21. More details
The Government of India has resolved to convert the economic setback due to the COVID-19 pandemic into an opportunity to make India self-reliant, and a bigger, stronger and more important part of the global economy. The Prime Minister launched the Atmanirbhar Bharat Abhiyan (self reliant India programme) on 12 May 2020 with the announcement of a stimulus package worth nearly Rs.21 trillion (US$277 billion), equivalent to around 10 per cent of national GDP, designed to open up new avenues of trade and investment in the post-Coronavirus economy. This was followed with further stimuli in October and November 2020, taking the total value of stimulus package to Rs. 29.87 trillion, i.e. about 15% of national GDP. Further, the Government of India has shown an appetite for bold policy reforms relating to agriculture markets, labour laws and redefinition of MSMEs, as well as taking concrete steps for employment generation and to create new opportunities for trade and investment.
The implementation of Atmanirbhar Bharat package and calibrated unlocking of the economy have ensured that economic recovery in India has gained momentum across all sectors. As a result, India attracted the highest ever total FDI inflow of US$ 81.72 billion during the year 2020-21, 10% higher than the previous year (US$ 74.39 billion), as per the annual data released by Ministry of Commerce and Industry on 24 May 2021. Further, the FDI Equity inflows into India during 2020-21 were recorded at US$59.64 billion, marking a year-on-year jump of 19 per cent.
In the current financial year 2021-22 (April to December 2021), the FDI equity inflow accounted has been US$ 43.175 billion. More details
The total FDI inflow in calendar year 2021 (January to December 2021) has been reported at US$ 74.01 billion compared to US$ 87.55 billion in calendar year 2020. Of this FDI Equity Inflows account for US$ 51.339 billion. More details
At the Investor’s Roundtable organised by Department for Promotion of Industry and Internal Trade (DPIIT), along with Invest India, on 20th April 2022, it was highlighted that India received the highest ever FDI in the last two years, while showcasing the opportunities in India.
As per UNCTAD Global Investment Trends Monitor (UNCTAD GITM), January 2021, India registered a 13% rise in foreign direct investment (FDI) to US$57 billion in 2020 compared to the previous year – the highest among 153 economies included in the study. This demonstrates that India remains one of the most attractive destinations for big-ticket investments globally.
Further, as per UNCTAD’s World Investment Report 2021, published on 21 June, 2021, FDI in South Asia rose by 20% to $71 billion, driven mainly by a 27% rise in FDI in India, with robust investment in ICT and construction, and 83% surge in cross-border M&As, making India the fifth largest FDI recipient in 2020 globally, a significant improvement from eighth rank in 2019.
An attractive investment destination driven by economic reforms, growing capabilities, and a large consumption base
Find out more about the rewards of investing in India’s fast-growing economyLearn More
In October 2020, the Government of India reviewed and amended the FDI policyLearn More
India introduced a stimulus plan worth nearly Rs.21 trillion to drive growthLearn More
Your step-by-step guide towards investing and engaging in IndiaLearn More
India's foreign partnerships have improved from manufacturing to R&DLearn More
Solutions to your immediate queries relating to investment in IndiaLearn More
Unraveling the socio-economic fabric of India’s 28 states and eight union territories
Andaman & Nicobar is an archipelago of 572 islands located in between the Bay of Bengal and the Andaman Sea.
The island's blue economy such as fisheries, aquaculture and seaweed farming will accelerate in line with the growth of modern infrastructure in A&N.
In March 2021, the Union Ministry of Home Affairs (MHA) announced that it is vetting 41 proposals of projects from various sectors including road construction, hospitality and industries in Andaman & Nicobar Islands and Lakshadweep.
In January 2021, state owned power producer NTPC announced that if will deploy 14 electric buses and will also set up public charging infrastructure in the islands. Introduction of electric buses will help cut down tailpipe emissions.
The islands have been recognised as an eco-friendly tourist destination.
In 2018-19, the estimated potential of fish production in A&N stood at 41.67 thousand tonnes.
Andhra Pradesh, located on the southeastern coast of the country, is India’s Sunrise State and the gateway to the east.
The Andhra Pradesh government allocated Rs. 31,256.36 crore (US$ 4.29 billion) for various agriculture related schemes for the year 2021-22.
The state’s export of marine products increased to US$ 1,932.43 million in 2018-19 and reached US$ 2,193.25 million in 2019-20 (till February 2020).
Andhra Pradesh is one of the largest producers of brackish water shrimps and freshwater prawns.
As of April 2020, the state had 1,532 primary health centres, 7,459 sub-centres, 47 sub-district hospitals and 26 district hospitals.
In September 2020, The Andhra Pradesh government issued the ‘AP Tourism Trade (Registration and Facilitation) Guidelines, 2020’ to position the state as a premier tourist destination by improving the standard of services.
Government plans to set up AP Green Energy Corporation with a mandate to install 8,000 MW to 10,000 MW of dedicated solar power capacity.
Arunachal Pradesh, which translates as the Land of the Rising Sun, is one of India’s hidden treasures.
US$4.25 billion total GSDP reported during financial year 2020-21
The Best Emerging Green Destination of 2019.
Arunachal Pradesh had a total installed power-generation capacity of 765.14 MW
US$ 148.29 mn approved by the Union Government for construction of roads
Home to world's 2nd largest monastery - Tawang Monastery.
Assam which derives its name from the word "Asama" meaning peerless, is the world's largest tea-producing region.
More than 1.2 mn MSMEs, highest among the North-Eastern states in India.
6 airports, two inland waterways and one inland container depot.
Rich resources - O&G, coal, rubber; minerals, and forest resources.
Renowned for arts, crafts and cottage industries, mainly handloom.
Cottage industries include sericulture, bamboo articles and metal crafts.
(US$54 billion state GSDP recorded during financial year 2020-21.
Known as the “Karmabhumi” of Gautama Buddha and Mahavira, the state is a major source of India's labour force.
US$82.4 bn GSDP GSDP recorded during fiscal year 2020-21
Renewable Energy potential of more than 12.5 GW
74% of state's population is engaged in the agricultural sector.
3rd most populated state in India - 9% of India's population.
52 industrial areas, mega industrial parks operational in Bihar.
$53.79 mn FDI inflow between Oct 2019-Jun 2020
Chandigarh is an Union Territory that serves as the capital of its two neighbouring states – Haryana and Punjab.
Capital of two states, governed by the Central Government.
One of India's best planned and cleanest urban centres.
Heads the list of Indian states and union territories in HDI.
Attracts over 1.5mn tourists each year for varied purposes.
86.77% literacy rate in the union territory as per 2011 census.
US$181.7 mn GSDP recorded during fiscal fiscal year 2018-19.
Located in central India, Chhattisgarh is a minerals-rich state and a key source of electricity and steel for the country.
Total merchandise exports from Chhattisgarh is estimated at $2.32 bn in FY21.
Korba district in Chhattisgarh known as power capital of India.
Leading producer of coal, steel, tin and aluminium in India.
14 GW of installed power generation capacity in the state.
15% of India's steel production comes from Chhattisgarh.
US$51.83 bn GSDP recorded during fiscal year 2020-21
US$ 332.81 million bn FDI inflows (with Madhya Pradesh) from April 2000 to June 2019
Located between Gujarat and Maharashtra, Dadra and Nagar Haveli joined the Union of India in 1961. Also located on the western coast of India, Daman and Diu came into existence after separating from Goa in 1987.
Dadra & Nagar Haveli and Daman & Diu are leaders in plasticisers and contributes to 28% of India’s plastic production in the form of aerospace, households, medical, green houses, defence and non-conventional energy.
Dadra & Nagar Haveli and Daman & Diu leads in integrated textile plants and polyester hub and accounts for 80% of India’s texturising yarn production.
The coastline in Dadra & Nagar Haveli and Daman & Diu is 27 kms and the UT has 7 landing centres. The marine catch comprises oil sardines, shrimps, Indian mackerel, Bombay duck, croakers, cephalopods, other sardines and threadfin breams.
In 2018, the central government approved to set up the first medical college in Daman & Diu for Rs. 189 crore (US$ 25.6 million).
18th rank in Ease of Doing Business among the Indian States.
Literacy rate - 77.2 & 87.1%
Delhi, officially the National Capital Territory of Delhi, is one of India’s fastest growing and richest urban settlements.
The state government, under budget 2021-22 has allocated Rs. 8,944 crore (US$ 1.23 billion) towards developing road transport.
In the 2020-21 state budget, Rs. 400 crore (US$ 56.75 million) was allocated to the Chief Minister Local Area Development scheme.
An amount of Rs. 100 crore (US$ 14.56 million) has also been allocated for a new scheme, CM Mohalla Suraksha Yojana, to ensure safety and security of citizens.
In the 2020-21 budget, the Delhi government has allocated Rs. 100 crore (US$ 14.18 million) to upgrade classrooms of grades 9-12 of all government schools to digital classrooms over a period of five years.
US$210 bn GSDP recorded by Delhi NCR during fiscal 2020-21.
The equity inflow increased by 112% in the first four months of FY22 to $20.42 billion
One of India’s most popular tourist destinations, Goa is home to a mix of old heritage and modern cosmopolitan traditions.
Economy driven by mining, tourism and pharmaceuticals.
Popular with tourists for beaches and cosmopolitan culture.
23 industrial estates set up by Goa Industrial Development Corp.
Installed power capacity to produce 595 MW
US$ 11.14 billion GSDP recorded during fiscal year 2020-21.
3rd highest literacy rate amongst Indian states.
Gujarat is home to the world's largest petroleum refinery and the largest diamond processing hub.
10th rank in Ease of Doing Business among Indian states.
As of March 2020, Gujarat had an installed power generation capacity of 35,211 megawatt (MW)
One major, 48 non-major ports.
World’s largest producer of processed diamonds, accounting for 72% of the world’s processed diamond share and 80% of India’s diamond exports.
Merchandise exports reached US$ 290.63 billion in FY21.
US$25,983.46 mn FDI inflows as of Sep 2021
Haryana’s agricultural and manufacturing prowess has helped sustain India's economic growth since the 1970s.
372-point business reform plan to boost new investment.
Largest producer of passenger vehicles, motorcycles in India.
Gurugram is home to +250 of the Fortune 500 companies.
With 1.3% of India’s landmass, HR contributes 3.5% of GDP.
US$133.13 bn in GSDP recorded by Haryana in FY 2020-21
FDI inflow (3 states) of US$90.9 bn between April 2000 and September 2020
The mountainous state's natural riches have attracted tourists to the lush valleys of Kangra, Kullu, Shimla, and Mandi.
Net exporter of power accounts for 26% of the total hydro power potential of India
Houses Asia's largest pharmaceutical hub.
Ranks 2nd in the country on Niti Aayog’s SDG India Index 2020-21
$30.39 mn FDI Inflows during Oct 2019 - Sep 2021
Five perennial rivers flowing through the state.
7th rank in Ease of Doing Business among Indian states.
India's newest union territory is a rich contributor in terms of cultural heritage, horticulture, and tourism.
Economy is driven by horticulture, floriculture, sericulture.
India's largest producer of saffron, one of the most expensive spices globally
11.78% GSDP YoY growth rate recorded during 2020-21
Leading producer of wool in India.
Industrial Policy 2016 aims to attract investment of US$310m.
20 districts with population of more than 12.5m in the UT.
US$27.14 bn GSDP during fiscal 2020-21
Jharkhand is a land of immense natural wealth, with 40% of the country’s mineral resources residing in the state.
5th rank in Ease of Doing Business among Indian states.
No.1 producer of iron ore, coal, uranium, mica.
20-25% of India's steel comes from Jharkhand.
US$ 1.2bn value of exports during 2019-20.
1st rank in labor reforms, inspection compliance.
US$40.8 bn GSDP recorded during fiscal 2018-19.
US$2.64 bn FDI inflow from October 2019 - September 2020.
State capital Bengaluru has come up as the 4th largest technology cluster in the world after the Bay Area, Boston, and London.
First Indian state with a startup policy, aerospace policy.
Single Window Clearances covering 10 state departments.
80% of global IT firms have India operations in Bengaluru.
Declared ‘Best place to live and work by Expatriates’ by Mercer.
US$ 256bn GSDP estimated for fiscal year 2020-21.
US$25,913.76 mn worth FDI inflow recorded during Oct 2020- Sep 2021
Known globally for its backwaters, Kerala is India’s most literate state and was declared the nation's first digital State in 2016.
US$ 9.8bn worth of exports recorded during fiscal 2018-19.
Largest producer of rubber, coir, and coconut in India.
590km coastline has backed marine trade for +1,000 years.
Services contribute 64% of GSDP, tourism contributes 10%.
94% literacy rate in Kerala is the highest among Indian states.
$139.94 bn GSDP recorded during 2020-21.
US$$439.50 mn FDI Inflows during Oct 2019 - Sep 2021
A Union Territory since October 2019, Ladakh is renowned for its mountainous beauty and distinct culture.
Two districts that make up Ladakh - Leh and Kargil - including 243 villages.
Ladakh shares international border with China, Pakistan and Afghanistan.
Ladakh is India's coldest, most elevated inhabited region (2300-5000 meters).
Snow-capped mountains and glacial lakes attract a large number of tourists.
Indus, Zanskar, and Shyok are the major rivers that flow through Ladakh.
The government announced 7.5 GW solar power park projects to be commissioned by 2022.
Lakshadweep is a group of 36 coral islands, scattered over an area of 78,000 sq km across the Laccadive Sea.
25% capital investment subsidy to new entrepreneurs.
Average daily global solar radiation as high as 2,022 kWh/m2/annum
Massive potential for production of coconut products.
Coral reefs, white sand beaches have boosted tourism.
10 minor ports and an airport have boosted connectivity.
15th rank in Ease of Doing Business among the Indian States
Lakshadweep Islands are the first Union Territory to become 100% organic
Although primarily an agrarian economy, the state has the largest diamond and copper reserves in India.
4th rank in Ease of Doing Business among Indian states.
State’s GSDP grew at a CAGR of 13.78% between 2015-16 and 2019-20.
2nd largest state with rich mineral, forestry deposits.
Installed power capacity of 23,400 MW.
120,000 acres industrial land bank for investment.
US$129.73 bn GSDP recorded during fiscal year 2019-20.
US$ 225.7 mn FDI inflow between October 2019 and September 2020.
Recorded US$5.3 bn worth of exports in 2019-20
Maharashtra is home to India’s largest state economy and its capital, Mumbai, is India’s financial capital.
Contributes 20% of country's total pharmaceutical output
30% of total FDI inflows into India is attracted by Maharashtra.
US$100bn Delhi-Mumbai Industrial Corridor (DMIC) underway.
728 out of India’s over 5,210 infra projects valued at US$65.1bn.
Largest producer of crude oil (offshore) in India is Bombay High.
US $408.85 bn GSDP recorded during 2019-20
US$30,320.70 mn FDI inflows during Oct 2019 - September 2021
The culturally-rich northeastern state, whose name literally translates to ‘A Jewelled Land’, borders Myanmar.
70% of Manipur’s geographical area is under forest cover.
Manipur ranks 4th in the concentration of looms in India.
Home to a variety of rare medicinal and aromatic plants.
US$4.2 bn GSDP recorded during fiscal year 2018-19.
US$ 122mn FDI inflow over 2000-19 under Guwahati jurisdiction
Meghalaya, or "abode of the clouds", is a beautiful resource-rich state tucked between Assam and Bangladesh.
Electronics, IT identified as thrust sectors for development.
Industries such as steel, ferro alloys, cement are being set up.
Diverse sets of soil, red-loamy to laterite, support various crops.
Hydro-electricity potential of nearly 3,000 MW in the state.
US$ 5.19bn GSDP recorded during fiscal year 2019-20.
This state lies between Bangladesh and Myanmar in the south, east and west, and Assam, Manipur and Tripura in the north.
‘Act East’ has provided an impetus to multi-modal projects.
Vast hydroelectric potential of around 45 GW in Mizoram.
Highly-gifted skilled handloom and handicraft traditions.
2nd largest producer of strawberry in India.
FDI inflows stood at US$122 million, during April 2000 and September 2019.
Nagaland has always evoked a sense of mysticism, largely because of its remoteness and distinctive culture.
Rich in minerals such as coal, oil, platinum and magnetite.
Naga chilli, one of the world's hottest, is grown in the state.
Vision 2030 to drive growth with a 15 year perspective.
600 mn MT of crude oil capacity.
11 administrative districts with total population of 2.3mn.
US$3.6bn GSDP recorded during fiscal year 2018-19.
Odisha is renowned for its glorious history, ancient architecture, wildlife, and marine life as well as rich tribal culture.
First rank in Government of India’s Smart City challenge.
Mineral output of US$3.64bn, more than total of 21 states.
30 administrative districts with total population of 43.7mn.
Odisha has 485 km of coastline along the Bay of Bengal.
Rich tribal heritage contributes to economic development.
US$ 57.5bn GSDP recorded during fiscal year 2018-19.
US66.20 mn FDI inflow from April 2000 - September 2021
Renowned for a unique mix of French and Indian traditions, Puducherry has crafted its own distinct identity.
77 large and 8,732 MSMEs with total investment of US$410mn.
Local terracotta works and papier-mâché craft have gained GIs.
4 administrative districts with total population of over 1.2mn.
Puducherry recorded over 34% growth in exports in 2017-18
US$ 5bn GSDP recorded during fiscal year 2018-19.
Punjab, literally meaning "Land of Five Waters", is one of the most fertile and industrialised regions of India.
Punjab is also known as the ‘Bread Basket of India’.
Light engineering, food processing are key sectors.
Punjab has about 1.6 lakh industrial units.
Home to international sporting talents across disciplines.
US$ 74.1bn GSDP recorded during fiscal 2018-19.
A Continuous Galvanized Rebar Production Facility in Mandi Gobindgarh will aid the infrastructure sector.
Punjab recorded $5.6 bn worth of exports in 2019-20.
US$765.37 mn FDI inflows between FDI Inflows during Oct 2019 - September 2021
Rajasthan, literally meaning "Abode of the Rajas (Kings)," is culturally rich and topographically diverse.
Jaipur has emerged as a hub for technological innovation.
142 GW of solar potential and 18.7 GW of wind potential,
Thousands of years of rich cultural heritage and traditions.
Largest producer of blended fabric and wool in the nation.
Largest producer of coarse cereals in India.
US$ 131.96bn GSDP recorded in 2020-21.
US$724.08 mn FDI inflow during Oct 2019 - September 2021
Ranked 8th in the ease of doing business.
The state is home to 315 glacier lakes and the world's third-highest mountain peak, Kanchenjunga.
First 100% organic region in the world is in Sikkim.
1st cyber village: Every resident has a digital profile.
Sikkim's hydro-power potential is estimated at 8,000 MW.
Sikkim shares its boundary with Bhutan, China and Nepal.
US$ 3.8bn GSDP recorded during fiscal year 2018-19.
India's second-largest state economy has evolved from ancient sea trade to IT innovation and engineering prowess.
Highest number of factories in India - over 37,220 units.
Leading centre in India for international medical tourism.
1st private submarine optical fibre cable to link Chennai.
Floriculture occupies 25,610 ha area; exported worldwide.
$2,849.03 mn FDI inflows recorded during Oct 2019 - Sep 2021
Tamil Nadu recorded $30 bn worth of exports in 2019-20.
Telangana, India’s youngest state, is fast making its way to the foremost position to attract foreign investment.
3rd rank in Ease of Doing Business among Indian states.
Investment of +US$11.5bn since new Industrial Policy 2015.
TS-iPASS Act in 2014 to expedite clearances for mega projects.
World's largest studio complex, Ramoji Film City, is in Hyderabad.
Horticulture, sericulture and fisheries are key in Telangana.
US$ 131.16bn GSDP recorded during fiscal 2019-20.
US$ 1.34 bn FDI inflow during October 2019 and September 2020
Tripura, the third smallest state in the country, is bordered on three sides by Bangladesh.
A power surplus state, Tripura supplies power to Bangladesh.
Opportunities in sectors such as bio-fuels and eco-tourism.
Rubber, tea-based industries form the prime share industries.
Tripura has ranked 1st in Ease of Doing Business in Northeast.
US$ 7.86bn GSDP recorded during fiscal year 2019-20.
The Ganges River has bestowed upon the state a glorious history of industrial and agricultural prosperity.
Over 143,000 MSMEs and heavy industrial units in the state.
Longest road, rail and river network among all Indian states.
State's population of over 200m is equivalent to that of Brazil.
12 major rivers pass through the state, offering opportunities.
Agra, Lucknow, Sarnath, Allahabad, Varanasi draw global tourists.
US$ 254.12 bn GSDP recorded during fiscal year 2019-20.
UP recorded $19.9 bn worth of exports in 2019-20.
No. 2 rank in Ease of Doing Business.
Located at the foothills of the Himalayan ranges, it is largely a hilly state with associated economic opportunities.
International boundaries with China and Nepal.
+54,047 handicraft units operational in the state.
Hub of prestigious educational/training institutions.
Preferred destination for precision manufacturing.
US$25.36 bn GSDP recorded during 2019-20.
US$ 710mn FDI inflows between April 2000 to June 2020
Often referred to as the cultural hub of the nation, West Bengal is rich in agriculture and heavy industrial activities
India's 2nd largest producer of tea, home to the Darjeeling tea.
2nd highest number of MSMEs, 14% of India's total MSMEs.
Siliguri connects the eight North-Eastern states to rest of India.
Vital international frontiers with Bangladesh, Nepal and Bhutan.
Kolkata is often referred to as the “Cultural Capital of India.”
US$ 166.2bn GSDP recorded during fiscal year 2018-19.
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