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Recuperating of the impact of Covid-19, India attained 13% growth boosted by investments in the digital sector. Infrastructure and energy deals also propped up M&A deals in India. As a result India could achieve 13% growth in Foreign Direct Investment (FDI) in 2020 Amidst global collapse, China is the only other country that has shown remarkably high FDI growth.

An 'investment trends monitor' issued by the United Nations Conference on Trade and Development (UNCTAD) pointed out, global FDI collapsed in 2020 by 42% to an estimated USD 859 billion from USD 1.5 trillion in 2019. China and India were two major outliers in a gloomy year for foreign direct investment.

India achieved positive growth (13%), boosted by investments in the digital sector where the investments continued, particularly through acquisition. Cross border M&A grew 83% to $27 billion. Infrastructure and energy deals also propped up M&A deals in India. India and Turkey are attracting good numbers of deals in IT consulting and digital sectors, including ecommerce platforms, data processing services and digital payments. In terms of individual nations in ICT and pharmaceutical sector, China was the world's largest FDI recipient, with flows to the Asian giant rising by 4% to $163 billion. High-tech industries saw an increase of 11% in 2020, and cross-border M&As rose by 54%.

Although their investment activity slowed down initially in 2020, they are now set to take advantage of low interest rates and increasing market values to acquire assets in overseas markets for expansion, as well as rivals and smaller innovative companies affected by the crisis.