In a sweet development for the India government and corporate sector, the Foreign Direct Investment (FDI) to India has risen by around 60 percent in November 2016 on yearly basis. The current FDI stood at $4.68 billion whereas it was $2.93 billion in November 2015.
The main countries who brought FDI in India were Singapore, Mauritius, the UK, the US, the Netherlands and Japan during the period.
During the 6 months time period of April-November 2016, India received $32.49 billion of FDI compared to $24.81 billion during the same time period of 2015.
During the first eight months of 2016-17 financial year, services ($6.69 billion), telecom ($5.47 billion), computer hardware and software ($1.61 billion), electrical equipment ($2 billion) and information & broadcasting ($1.06 billion) received major FDIs.