India sees sharp fall in foreign direct investments
The Department for Promotion of Industry and Internal Trade (DPIIT) data showed that India's total FDI inflows, including reinvested earnings and other capital flows, was $46.62 billion in April-December of the current fiscal.
As per the
Segment-wise, six of the 10 sectors have seen a steep decline in FDI inflows. THese sectors were computer software and hardware, telecom, construction, infrastructure, pharmaceuticals and power.
The telecom sector suffered the biggest decline of $3 billion in FDI inflows during the period over the year ago months.