Foreign Direct Investment in India

Foreign direct investment into India totaled 1.74 billion U.S. dollars in the first quarter of this fiscal year starting from April, a year-on-year rise of 47 percent.

The foreign direct investment in June increased by a record 102 percent to 534 million U.S. dollars over June last year, the ministry said in a statement released here Friday.

The continuous liberalization of India's foreign direct investment policy and simplification of procedures had attributed to the steady increase, said Kamal Nath, Minister of Commerce and Industry.

According to the ministry, the top 10 industries attracting foreign funds into India were electrical equipment, telecommunications, services sector, transportation industry, fuels, chemicals, food processing industries, drugs and pharmaceuticals, cement and gypsum products and metallurgical industries.

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