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India’s FDI increases to $60.97 billion in FY18 form $45.15 billion in FY15
Dec-18-2018

The Ministry of Commerce in its latest report has showed that India’s Foreign Direct Investment (FDI) increased constantly to $60.97 billion in the financial year 2018 (FY18) from $45.15 billion in Financial year 2015 (FY15). However, the rate of growth in FDI inflows was falling consecutively since the last two years. The rate of growth of FDI in the country has slowed down since the FY16 when it saw a robust growth of 23.05 per cent and FDI inflow was $55.56 billion.

In FY17, the FDI growth slowed to 8.38 per cent, clocking in $60.22 billion. In FY18, the total FDI inflow was $60.97 billion with the growth dropping further to 1.24 per cent. The main sectors which benefited from the FDI inflows in the FY18 were services ($6.7 billion), computer software and hardware ($6.15 billion), telecommunications($6.21 billion), trading ($4.34 billion), construction ($2.73 billion) automobile ($2 billion) and power ($1.62 billion).

Besides, in order to boost the investment environment and to bring in foreign investments in the country, the government had brought in FDI related reforms and liberalized various sectors of the economy. Government plays an active role in investment promotion through dissemination of information on the investment climate and opportunities in India, and by advising prospective investors about investment policies.

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