Increase in FDI indicates investors' preference for India's enabling environment, says Piyush Goyal

Taking to Twitter, Commerce and Industry Minister Piyush Goyal said that despite COVID-19, FDI doubled year-on-year upwards, indicating global investors' preference for India's enabling environment

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, November 28.

FDI during September quarter 2019 stood at $14.06 billion.

"Despite COVID, FDI doubles year-on-year upwards. 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 in India grew by 15 per cent to $30 billion during the first half of the current fiscal year, according to official data.


1 view0 comments


  • LinkedIn

DISCLAIMER: The information contained in this website is offered for illustration purposes only and is general information. We make no representations or warranties of any kind (express or implied) with respect to the information, products, services, statements, figures, calculations, plans, images, logos, related graphics and are purely indicative in nature only. Whilst all reasonable care has been taking in providing all information, however, We or / and our related companies or/ and our representatives, consultants or / and our agents accept no responsibility for its completeness, accuracy, reliability, suitability or availability of any information contained herein for any action taken in reliance thereon by any party. Any reliance on information as contained in this website does not constitute an offer, inducement, representation, warranty or contract and may be relied upon at one’s risk and consequences.