Question
According to the data provided by the government,which
country has emerged as the largest investor in India with USD 17.2 billion investment in FY23?Solution
India implemented a comprehensive free trade agreement in May last year, has emerged as the fourth largest investor in India during 2022-23. The UAE was the fourth largest investor in India in 2022-23 compared to the seventh in 2021-22. Singapore was the largest investor in India with USD 17.2 billion investment in FY23, followed by Mauritius (USD 6.1 billion) and the US (USD 6 billion). The country accounts for about 2.5 per cent of the total FDI India received between April 2000 and March 2023.
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