Foreign Direct investment inflows into the country grew by 22 per cent, to 18.9 billion dollars during April to November 2014. The Department of Industrial Policy and Promotion in a release said the telecom sector received the maximum FDI of 2.47 billion dollars in the first eight months of the current fiscal, followed by services at 1.84 billion, automobile at 1.53 billion and pharmaceuticals at 1.15 billion dollars.
The maximum FDI inflow was from Mauritius, at 5.2 billion, followed by Singapore at 3.74 billion, and the Netherlands at 2.42 billion.