India’s FDI growth hit 5-year low in 2017-18

India’s FDI growth hit 5-year low in 2017-18

Foreign direct investment (FDI) in India seems to be petering out with the inflows growth rate recording a five-year low of 3 per cent at USD 44.85 billion in 2017-18.

According to the latest data of the Department of Industrial Policy and Promotion (DIPP), FDI in 2017-18 grew by only 3 per cent to USD 44.85 billion.

Foreign inflows in the country grew by 8.67 per cent in 2016-17, 29 per cent in 2015-16, 27 per cent in 2014-15, and 8 per cent in 2013-14.

However, FDI inflows recorded a negative growth of 38 per cent in 2012-13. According to experts, it is critical to revive domestic investments and further ease of doing business in the country to attract foreign investors. Read More

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