FDI IN INDIA

Sept. 3, 2018

According to RBI data, Mauritius remained the top source of foreign direct investment (FDI) into India in 2017-18 followed by Singapore.

Key findings of RBI data:

  • FDI stood at $37.36 billion in the financial year 2017-18, a marginal rise over the $36.31 billion recorded in the previous fiscal.

  • Mauritius remained the top source of FDI into India in 2017-18 followed by Singapore. While FDI from Mauritius totalled $13.41 billion as against $13.38 billion in the previous year, inflows from Singapore rose to $9.27 billion from $6.52 billion.

  • FDI into the manufacturing sector witnessed a substantial decline to $7.06 billion, as against $11.97 billion a year earlier.

  • However, FDI into communication services rose to $8.8 billion in FY18 from $5.8 billion.

Source : The Hindu