World Investment Report 2021

The World Investment Report 2021 was released recently by the UN Conference on Trade and Development (UNCTAD). According to this report, the global FDI flows have been severely affected because of the pandemic-led economic crisis. It has declined by 35 per cent last year to 1 trillion USD from 1.5 trillion USD the previous year.
The report stated that India received 64 billion USD as FDI last year, making it the fifth largest recipient of inflows in the world. The FDI inflow has increased by 27 per cent last year. The growth was mainly because of the acquisitions in the ICT industry.