FDI Grew 13% In India During FY 20

Sharing is caring!

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.

SMEStreet Desk

SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
%d bloggers like this: