The Finance ministry has informed that Financial Year (FY) 2020-21 has recorded strong Foreign Portfolio Investment (FPI) inflows into the Indian equity markets amounting Rs 2,74,034 crore.
The increase in aggregate FPI investment limit in Indian companies from 24 percent to the sectoral cap has been a catalyst for increase in weightage of Indian securities in major equity indices, thus mobilising massive equity inflows, both passive and active, into Indian capital markets.
Further, the World Bank, IMF and several global research organisations have projected the growth for India in FY 21-22 above 10 percent. Which also depicts that India will continue to remain an attractive investment destination in the near future.
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