FDI into India up by 18 pc in 2019-20 to reach USD 73 bn: Piyush Goyal
May 28, 2020
New Delhi [India], May 29 : Union Commerce and Industry Minister Piyush Goyal on Thursday said that the total Foreign Direct Investment (FDI) into India grew at 18 per cent in 2019-20 to reach USD 73 billion and asserted that this long-term investment will spur job creation.
The minister said that the total FDI has doubled from 2013-14 when it was only USD 36 billion.
"In another strong vote of confidence in Make in India, total FDI into India grew at 18 per cent in 2019-20 to reach USD 73 billion. Total FDI has doubled from 13-14 when it was only USD 36 billion. This long term investment will spur job creation," Goyal tweeted.