FDI inflows rise 18% to $73 bn in FY20

Top Stories

»	UK FTA to help India’s exports reach $115 billion by 2030, create 7-10 lakh new jobs
»	India remains among fastest growing major economies despite global uncertainties: RBI
»	Sensex, Nifty post early losses over rising crude prices, new US tariff plan
»	Monsoon Session: LS adjourned briefly amid Oppn sloganeering
»	PM Modi flags off India’s first hydrogen train, launches development projects of Rs 14,700 crore from Jind

SME Times News Bureau | 29 May, 2020

Union Commerce and Industry Minister Piyush Goyal on Thursday said that total FDI into India grew at 18 per cent in 2019-20 to reach $73 billion.

Last year, India had received FDI worth around $62 billion.

"In another strong vote of confidence in Make in India, total FDI into India grew at 18% in 2019-20 to reach $73 Bn. Total FDI has doubled from 13-14 when it was only $36 Bn. This long term investment will spur job creation," Goyal said in a tweet.

The total FDI inflows in India have progressively increased in the last couple of years.