Bengaluru, 21st October 2020: Digit Insurance, on a mission to make insurance simple in India, is offering shop insurance for businesses to cover their contents and structure . The insurance provides coverage for shops of different sizes and the product currently offers covers under three main categories:
Digit Insurance's shop insurance offers a plan for every type and size of the business, for both renters and landlords of commercial properties offering the option of customising the sum insured based on the nature and requirement of the business.
New Delhi: India received a record annual foreign direct investment (FDI) inflows of $83.57 billion in the Financial Year 2021-22 (FY22). The overall FY22 figure is $1.60 billion higher than last year's on back of a 76% surge in foreign investments in the manufacturing sector. India attracted $21.34 billion FDI in the manufacturing sector in FY22 compared to $12.09 billion in FY21. At $171.84 billion, FDI inflows in the post-pandemic period from March 2020 to March 2022 grew by 23% in comparison with $141.10 billion recorded in the pre-pandemic period from February 2018 to February 2020. In terms of top investor countries of FDI Equity inflow, 'Singapore' is at the apex with 27%, followed by US (18%) and Mauritius (16%) for the FY 2021-22.'Computer Software & Hardware' has emerged as the top recipient sector of FDI Equity inflow during FY 2021-22 with around 25% share followed by Services Sector (12%) and Automobile Industry (12%) respectively, as per data shared by the Ministry of Commerce & Industry on Friday.Under the sector `Computer Software & Hardware', the major recipient states of FDI Equity inflow are Karnataka (53%), Delhi (17%) and Maharashtra (17%) during FY 2021-22. Karnataka is the top recipient state with 38% share of the total FDI Equity inflow reported during the FY 2021-22 followed by Maharashtra (26%) and Delhi (14%).
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