According to the official, as far as 2022 is concerned, there has been a 4 per cent increase in FDI inflows
Computer software and hardware manufacturing was the highest recipient of FDI at $8.07 billion
Multiple challenges triggered by the Russia-Ukraine conflict such as high inflation, expansionary monetary policy and recessionary trends in key developed economies are some factors that resulted in a drop in foreign direct investment (FDI) inflows into the country, a senior government official said on Friday.