FDI up 13% at $16.63 bn in April-September FY16

02 Dec 2015

Foreign Direct Investment (FDI) into India grew by 13 per cent to $16.63 billion during the first six months of the financial year (April-September 2015-16), according to the Department of Industrial Policy & Promotion (DIPP).

FDI stood at $14.69 billion during April-September 2014.

Of the $16.63 billion FDI in April-September 2015-16, the maximum FDI came from Singapore ($6.69 billion) followed by Mauritius ($3.66 billion), the Netherlands ($1.09 billion) and Japan ($815 million).

Sectors which attracted the highest FDI during the period include computer software and hardware ($3.05 billion), trading ($2.30 billion), services and automobiles ($1.46 billion each) and telecommunications ($659 million).

During FY15, FDI had grown by 27 per cent to $30.93 billion from $24.29 billion in 2013-14.