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Total FDI inflow into India increased in 2018-19: govt
The commerce minister Piyush Goyal said the total FDI inflow in 2018-19 was USD 62.00 billion, in 2017-18, the total FDI inflow was USD 60.97 billion.
The FDI inflow into India has increased in the last fiscal in comparison to previous years with USD 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, FDI 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 FDI inflow in 2018-19 was USD 62.00 billion, in 2017-18, the total FDI inflow was USD 60.97 billion, in 2016-17, it was USD 60.22 billion and in 2015-16, it was USD 55.56 billion.