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FDI Grew 13% In India During FY 20

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Foreign direct investment  in India grew by 13 per cent to a record of $49.97 billion in the 2019-20 financial year, according to official data.

The country had received FDI of $44.36 billion during April-March 2018-19. Sectors which attracted maximum foreign inflows during 2019-20 include services ($7.85 billion), computer software and hardware ($7.67 billion), tele communications ($4.44 billion), trading ($4.57 billion), automobile ($ 2.82 billion), construction ($2 billion), and chemicals ($1 billion), the the Dept for Promotion of Industry and Internal Trade data showed.

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