In the wake of Standard & Poor’s (S&P) recent rating of the Indian economy, the Department of Industrial Policy and Promotion (“DIPP”) noted a 17 percent surge in Foreign Direct Investment (FDI) equity during April-September this fiscal. As per the DIPP’s ‘Make in India’ twitter handle, India’s FDI equity was reported to be USD 25.35 billion in the current fiscal year (FY 2017-18), up from USD 21.62 billion in the last year.
Further, it was reported that between April 2000 and September 2017, the total FDI inflow including equity inflows, reinvested earnings and other capital was USD 518.10 Billion.
