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Total FDI inflow into India increased by $62 bn in 2018-19, says govt

Goyal's response came in response to a question by Congress MP Abdul Khaleque on whether the Foreign Direct Investments into India have declined in 2018-19

Press Trust of India  |  New Delhi 

FDI, INVESTMENT, investment, foreign investment, foreign direct investment, FPI, dollar inflow, GROWTH, MARKETS, FUNDS, SHARES, DEMAND, GROWTH, mutual fund, fund, stocks

The inflow into India has increased in the last fiscal in comparison to previous years with $62 billion foreign investments in 2018-19, Commerce Minister Piyush Goyal said in Lok Sabha on Wednesday.

Goyal's response came in response to a question by Congress MP Abdul Khaleque on whether the Foreign Direct Investments into India have declined in 2018-19 as compared to the previous years.

"No Sir, has in fact increased in the financial year 2018-19 as compared to previous years," he said during the Question Hour.

The minister said the total inflow in 2018-19 was $62.00 billion, in 2017-18, the total FDI inflow was $60.97 billion, in 2016-17, it was $60.22 billion and in 2015-16, it was $55.56 billion.

First Published: Wed, December 04 2019. 14:45 IST
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