New Delhi, March 4 (TIWN) India attracted total FDI inflow of $67.54 billion during April to December 2020, Centre said on Thursday.

Accordingly, it is the highest ever inflow for the first ninth months of a financial year and 22 per cent higher as compared to the first ninth months of 2019-20 which stood at $55.14 billion.  Besides, FDI equity inflow grew by 40 per cent in the first 9 months of FY21 to $51.47 billion from an year ago period of $36.77 billion.  "FDI inflow increased by 37 per cent in 3rd Quarter of 2020-21 (US$ 26.16 billion) compared to 3rd quarter of 2019-20 (US$ 19.09 billion)," an official communique said.  "FDI inflow showed positive growth of 24 per cent in the month of December, 2020 (US$ 9.22 billion) compared to December, 2019 (US$ 7.46 billion)."  According to the Centre, FDI is a major driver of economic growth and an important source of non-debt finance for the economic development of India.