According to the Central Government, the steps taken in the investor friendly FDI policy direction during the last six years have borne fruit as is evident from the ever increasing volumes of FDI inflows being received into the country.
Foreign Direct Investment (FDI) is a major driver of economic growth and an important source of non-debt finance for the economic development of India.
- Total FDI inflow grew by 55%, i.e. from US$ 231.37 billion in 2008-14 to US$ 358.29 billion in 2014-20.
- FDI equity inflow also increased by 57% from US$ 160.46 billion during 2008-14 to US$ 252.42 billion (2014-20).
(Source: PIB)
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