FDI inflow crosses $20 bn in January-June period

The Department of Industrial Policy & Promotion (DIPP) has said foreign direct investments (FDI) into the country crossed $20 billion in the January-June period, the department's secretary Ajay Shanker said. Speaking at a Ficci conference Shanker said the FDI inflows could cross $40 billion in this fiancial year going by the current rate.

The total FDI inflows in the last financial year was around $25 billion.