New Delhi: Union Commerce and Industry Minister Piyush Goyal on Thursday said that total FDI into India grew at 18 per cent in 2019-20 to reach $73 billion.Also Read - India- South Korea Trade Talks Today, Read Key Points Of This Bilateral Relationship Here
Last year, India had received FDI worth around $62 billion. Also Read - Indian Railways Not For Sale, Will Not Privatise it, Ashwini Vaishnaw Makes Big Announcement
“In another strong vote of confidence in Make in India, total FDI into India grew at 18% in 2019-20 to reach $73 Bn. Total FDI has doubled from 13-14 when it was only $36 Bn. This long term investment will spur job creation,” Goyal said in a tweet. Also Read - India Exported More Than 65 Million Vaccine Doses To Nearly 100 Countries: PM Modi At Global Pharma Summit
The total FDI inflows in India have progressively increased in the last couple of years.