FDI inflows rise 18% to $73 bn in FY20: Goyal
New Delhi, May 29, 2020
Union Commerce and Industry Minister Piyush Goyal on Thursday said that total FDI into India grew at 18 per cent in 2019-20 to reach $73 billion.
Last year, India had received FDI worth around $62 billion.
"In another strong vote of confidence in Make in India, total FDI into India grew at 18% in 2019-20 to reach $73 Bn. Total FDI has doubled from 13-14 when it was only $36 Bn. This long term investment will spur job creation," Goyal said on Twitter.
The total FDI inflows in India have progressively increased in the last couple of years.