FDI equity inflows fall 7% to $33.5 bn in first nine months of FY19

There has been a decline in FDI flows to six out of the 10 sectors during April-December 2018 as compared to last year

In some bad news for the Modi government, Foreign Direct Investment (FDI) equity inflows to India from April to December 2018 have declined by seven per cent. Latest figures released by the Department for Promotion of Industry and Internal Trade (DPIIT) shows that India managed to attract almost $33.5 billion from April to December 2018. In the same period in 2017, India’s FDI equity flows stood at almost $36 billion.  

The Modi government had stopped publishing quarterly FDI data since August 23, 2018. It resumed publishing FDI data in February this year. The latest release that captures FDI flows in