FDI inflow into India dips by 1.4% to $10.67 bn in Oct-Dec
05 Mar 20 1 min read
Foreign direct investment (FDI) into India dipped marginally by 1.4 per cent to $10.67 billion (about ₹76,800 crore) during October-December period of fiscal 2019-20, according to government statistics. FDI inflow during the same period of the last fiscal was $10.82 billion and while in the July-September period of the current fiscal, it stood at $9.77 billion.
During the April-December period of 2019-20, FDI into India grew by 10 per cent to $36.76 billion as against $33.49 billion in the same period of 2018-19, the data shows.
Sectors which attracted maximum foreign inflows during the nine-month period include services ($6.52 billion), computer software and hardware ($6.35 billion), telecommunications ($4.29 billion), automobile ($2.50 billion) and trading ($3.52 billion), according to a news agency report.
Singapore continued to be the largest source of FDI in India between April and December in this fiscal with $11.65 billion in investments. It was followed by Mauritius ($7.45 billion), the Netherlands ($3.53 billion), Japan ($2.80 billion) and the United States ($2.79 billion).
Disclaimer - All News/Articles items are subject to copyright and no article either in full or part may be reproduced in any form without permission from Fibre2Fashion Pvt. Ltd.
During the April-December period of 2019-20, FDI into India grew by 10 per cent to $36.76 billion as against $33.49 billion in the same period of 2018-19, the data shows.
Sectors which attracted maximum foreign inflows during the nine-month period include services ($6.52 billion), computer software and hardware ($6.35 billion), telecommunications ($4.29 billion), automobile ($2.50 billion) and trading ($3.52 billion), according to a news agency report.
Singapore continued to be the largest source of FDI in India between April and December in this fiscal with $11.65 billion in investments. It was followed by Mauritius ($7.45 billion), the Netherlands ($3.53 billion), Japan ($2.80 billion) and the United States ($2.79 billion).
Fibre2Fashion News Desk (DS)
Popular News
|
K3 Fashion portfolio strategically revamps team for SMB Market |
|
Bangladesh mulls VAT exemption for recycled fibre industry |
|
Vietnam's economy to see gradual recovery in 2024: World Bank |
|
Indian fashion retailers make significant strides in sustainability |
|
Indian economy projected to grow at 8-8.3% in FY25: PHDCCI |
|
Global sports company Puma & Scuderia Ferrari launch new collection |