RBI releases Data relating to the Financial Performance of FDI Companies in India
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- Last Updated on 3 April, 2023
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Press Release no. 2022-2023/1943; dated: 31.03.2023
The RBI has released the data relating to the financial performance of foreign direct investment (FDI) companies operating in India for year 2021-22. The data is based on audited annual accounts of 2,206 companies that reported their financials in Indian Accounting Standards (Ind-AS) format for three accounting years, from 2019-20 to 2021-22.
As per the data released, FDI companies witnessed a broad-based recovery in 2021-22 as the impact of COVID-19 pandemic diminished and economic activity rebounded. Further, royalty payment by FDI companies, with 1.35% share in their total expenditure, increased by 33.4% in 2021-22.
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