In May 2022, Indias commerce and industry ministry announced the highest ever FDI inflow, amounting to $83.57

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In May 2022, India’s commerce and industry ministry announced the highest ever FDI inflow, amounting to $83.57 billion in 2021–22. The key areas attracting investments were manufacturing, computer hardware and software, the automotive industry, and the service sector. What was the source of this FDI, and why has India emerged as a popular choice for investment?

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