FDI in India rises to over 358 billion during 2014-20: Nirmala Sitharaman

The government has said that total Foreign Direct Investment- FDI inflow grew by 55 per cent from 231.37 billion dollar in 2008 to 2014 to over 358 billion dollar in 2014 to 2020.

Ministry of Commerce and Industry in a statement said, FDI equity inflow also increased by 57 per cent from around 160 billion dollar during 2008-14 to over 252 billion dollar in 2014-2020.

The Ministry said, dring April to August this year, total FDI inflow of 35.73



billion is received.

It is the highest ever for first 5 months of a financial year and 13 per cent higher as compared to first five months of 2019-20.

It said, FDI is a major driver of economic growth and an important source of non-debt finance for the economic development of India.

It has been the endeavor of the Government to put in place an enabling and investor friendly FDI policy.