You are absolutely correct that there was over 3-fold increase in foreign direct investing into computer software and hardware business. Actual FDI in hardware and software stood at $26.14 billion in FY21 against just $7.67 billion in FY20. Computer hardware and software accounted for 44% of all FDI into India in FY21. There is a big bet on end-to-end digitization for the technology space in India.
You are absolutely correct that there was over 3-fold increase in foreign direct investing into computer software and hardware business. Actual FDI in hardware and software stood at $26.14 billion in FY21 against just $7.67 billion in FY20. Computer hardware and software accounted for 44% of all FDI into India in FY21. There is a big bet on end-to-end digitization for the technology space in India.