FDI grows Up 37% to $10.4 billion during April June 2017

oreign direct investment into the country grew by 37 per cent to USD 10.4 billion during the first quarter of the current fiscal, DIPP said on August 21.

According to the figures of the Department of Industrial Policy and Promotion (DIPP), India had received USD 7.59 billion FDI during April-June 2016-17.

The main sectors which attracted the highest foreign inflows include services, telecom, trading, computer hardware and software and automobile. Bulk of the FDI came in from Singapore, Mauritius, the Netherlands and Japan.

since the launch of ‘Make in India’ initiative (October 2014 – June this year), foreign inflows jumped 64 per cent to USD 110.12 billion from USD 67.26 billion in the same period 2016.