In H1 FY21, Maharashtra, Delhi, Karnataka, and Gujarat accounted for more than 85 per cent of the total FDI equity inflows. Gujarat surpassed Delhi, Karnataka, and Maharashtra to gain top position in H1 FY21 compared to its fourth rank in H1 FY20. The inflows surged from $3.5 billion in H1 FY20 to $16 billion, accounting for 53 per cent of total FDI equity inflows in H1 FY21.