FDI in Apr-Feb of last fiscal was $37.53 billion
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The Parliament was informed today that foreign direct investment ( FDI) in India has shot up to $ 37.53 billion during April-February period of the last fiscal. "FDI equity inflow has increased from USD 22.42 billion in 2012-13 to USD 37.53 billion in 2015-16 (up to February)," Commerce and Industry Minister Nirmala Sitharaman said in a written reply to the Lok Sabha.
The Services industry attracted the most ($ 5.95 billion) money in the first eleven months of 2015-16. It was closely followed by computer software and hardware ($ 5.83 billion), trading ($ 3.67 billion) and automobile ($ 2.44 billion).
Image credit: Indiatimes
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