FDI in India rises to 61.96 billion in 2017-18: Govt
FDI inflows stood at US$ 60 billion in the previous fiscal
Foreign direct investment in India increased to US$ 61.96 billion in 2017-18, DIPP Secretary Ramesh Abhishek said today.
FDI inflows stood at US$ 60 billion in the previous fiscal. He also said during the four years of the Modi government, foreign inflows jumped to US$ 222.75 billion from US $ 152 billion in the previous four-year period.However, according to an UNCTAD report, foreign direct investment (FDI) to India decreased to US$ 40 billion in 2017 from US$ 44 billion in 2016, while outflows from India, the main source of investment in South Asia, more than doubled.