Foreign direct investment (FDI) in India grew by over 30 % to $21.62 billion during the first half of 2016-17.
During April-September of 2015-16, India received FDI worth $16.63 billion, an official said.
“Ease of doing business and relaxation in the FDI policy are helping
attract more and more FDI. The recent easing in sectors such as civil
aviation and construction will help in attracting more overseas funds,”
the official added.
The sectors that receive maximum
inflows include -
- computer hardware and software
- trading business
- automobile industry and
- chemicals.
India receives maximum FDI from countries including -
- Mauritius
- Singapore
- Netherlands and
- Japan.
In 2015-16, FDI went up 29 per cent to $40 billion as against $30.93 billion in the previous fiscal.
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