Which Sector Attracts the Highest FDI in India?
During the fiscal year 2020-21, India received $81.72 billion in foreign direct investment (FDI), the enormous amount ever. According to the updated figures from the commerce and industry ministry, this represents a 10% increase year over year. According to the federal government, this growth in FDI inflow can link to several government-led facilitative policies and reforms to make India a preferred global investment destination. As a result, total FDI intake into India increased at a compound annual growth rate (CAGR)…