FDI up 27%

January 04, 2017 14:03

Foreign direct investment (FDI) into the country grew by over 27 per cent to USD 27.82 billion during April-October this fiscal. The FDI stood at USD 21.87 billion in April-October 2015-2016, according to the Department of Industrial Policy and Promotion (DIPP).

The main sectors which have attracted the foreign inflows include services, telecom, trading, computer hardware and software and automobile. India receives maximum FDI from Singapore, Mauritius, the Netherlands and Japan. The inflows increased by 23 per cent to USD 55.6 billion in the last financial year.

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