Saturday, September 23 2017

August 22, 2017

Bulk of FDI came in from Singapore, Mauritius, the Netherlands and Japan

FDI, into India grew by 37 per cent to 10,4 billion USD during the first quarter of the current fiscal.Bulk of the FDI came in from Singapore, Mauritius, the Netherlands and Japan. According to the figures of the Department of Industrial Policy and Promotion, DIPP, India had received around eight billion FDI US Dollar during the same period last year.The main sectors which attracted the highest foreign inflows include services, telecom, trading, computer hardware and software and automobile.The govt has announced several steps to attract foreign inflows. The measures include liberalisation of FDI policy and improvement in business climate.