Business
The figure although is at variance with the foreign investment inflow of $31 billion as reported by Financial Times.
Updated : Mar 20, 2018, 05:35 AM IST
FDI inflows during the period from January-June 2015 in India stood at $19.4 billion in comparison to $14.94 billion in the same period a year ago.
The figure although is at variance with the foreign investment inflow of $31 billion as reported by Financial Times.
The foreign investment inflows exhibited a fluctuating trend during the sex-months period, according to Department of Industrial Promotion & Policy (DIPP). The FDI's received in January stood at $4.48 billion as compared to the amount received in the same month last year which was $2.18 billion. According to data, the FDIs also increased in February as compared to the same month last year which was $2.01 billion, FDI in February 2015 stood at $3.28 billion.
However, there was a decrease in the month of March in comparison to the same month last year, the FDIs in March this year stood at $2.11 billion as compared to March 2015 which was $3.53 billion.
According to reports, investment this year continued to remain slow despite a series of foreign trips taken by Prime Minister Narendra Modi to various developed nations in the world.