Foreign direct investment inflows grow by 18%

Foreign direct investment inflows grow by 18% Foreign direct investment (FDI) grows(बढ़ने) up by 18 percent in India to touch 46 million USD data; services, telecom, trading, computer hardware and automobile sector attract highest foreign inflows(अंत: प्रवाह). The recent steps announced by the government to attract(आकर्षित) foreign inflows, are yielding positive results. According to data released

by the Department of Industrial Policy and Promotion(प्रोन्नति) , the Foreign direct investment in India grew 18 per cent during 2016 to touch USD 46 billion. The country attracted FDI of USD 39.32 billion in 2015.   The data further showed that the main sectors which attracted the highest foreign inflows include services, telecom, trading, computer hardware and software and auto mobile.  While, Bulk(ढेर)  of the FDI came in from Singapore, Mauritius, the Netherlands and Japan.