NEW DELHI: Increase in foreign direct investment (FDI) into India in July-September 2020 to $28.1 billion indicates global investors‘ preference for the country’s enabling environment, commerce and industry minister Piyush Goyal said on Saturday.
FDI during September quarter 2019 stood at $14.06 billion.
“Despite Covid, FDI doubles year-on-year upwards arrow. Indicating global investors’ preference for India’s enabling environment under PM @NarendraModi ji, FDI increased from $14.06 billion to $28.1 billion in the July-September quarter,” he said in a tweet.
FDI during September quarter 2019 stood at $14.06 billion.
“Despite Covid, FDI doubles year-on-year upwards arrow. Indicating global investors’ preference for India’s enabling environment under PM @NarendraModi ji, FDI increased from $14.06 billion to $28.1 billion in the July-September quarter,” he said in a tweet.
Despite COVID, Foreign Direct Investment doubles year-on-year ⬆️ Indicating global investors’ preference for Indi… https://t.co/xrxWr9pEA8
— Piyush Goyal (@PiyushGoyal) 1606549794000
FDI in India grew by 15 per cent to $30 billion during the first half of the current fiscal, according to official data.
