Foreign direct investment (FDI) in the Indian economy twice the usual size to $4.5 billion in December 2015. There was 114% growth recorded for December 2015 as compared to December 2014, when India has received $2.16 billion.
- Major sectors attracted foreign inflows – computer software and hardware, trading, services, automobile and telecommunications.
- India receives maximum FDI from Singapore, Mauritius, Netherlands andJapan.
The government has relaxed FDI norms in 15 sectors, including Defence, single brand retail, construction development, civil aviation and LLPs, to boost FDI in the country.
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