Foreign direct investment inflows into India have increased significantly in the current fiscal, and the trend will continue during the remainder of this fiscal and beyond, due to the country's pro-growth policy agenda, says a Moody's report. According to the global credit rating agency, the country's economic growth is expected to pick up materially next year. In contrast, China's economic slowdown is set to continue, while the growth outlooks for Brazil and Russia remain precarious. Moody's said rising FDI inflows, which are relatively less volatile, will help plug India's current account shortfall. This, in turn, should help to reinforce the economy's resilience to external headwinds, such as monetary policy normalization in the US, and deflationary risks in the euro zone. Net FDI inflows into the country crossed 14 billion in the first five months of this fiscal, representing a 33.5 per cent year-on-year increase from the year-ago period.