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Increased FDI indicates global investors’ preference for India’s enabling environment, says Piyush Goyal

FDI in India grew by 15 per cent to $30 billion during the first half of the current fiscal.

SNS | New Delhi |

Commerce and Industry Minister Piyush Goyal on Saturday said that the 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. The 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 USD 14.06 billion to USD 28.1 billion in the July-September quarter,” he said in a tweet.

https://twitter.com/PiyushGoyal/status/1332592539094843392

As per the quarterly fact sheet on foreign direct investment from April-September, FDI in India grew by 15 per cent to $30 billion during the first half of the current fiscal.