NEW DELHI : Foreign direct investment (FDI) into India may shrink sharply in 2020 because of coronavirus and the consequent lockdown, supply chain disruptions and economic slowdown after jumping over 20% to $51 billion in 2019, according to the United Nations Conference on Trade and Development (UNCTAD).According to the latest ‘World Investment Report’ by UNCTAD, India jumped from 12th position in 2018 to 9th in 2019 on the list of the world’s top FDI recipients.“In South Asia, FDI is also expected to contract sharply.
In India, the biggest FDI host in the sub-region, with more than 70% of inward stock, the number of greenfield investment announcements declined by 4% in the first quarter, and M&As (mergers and acquisitions) contracted by.