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Increase in FDI indicates investors' preference for India's enabling environment, says Piyush Goyal

Increase in FDI indicates investors' preference for India's enabling environment, says Piyush Goyal

Taking to Twitter, Commerce and Industry Minister Piyush Goyal said that despite COVID-19, FDI doubled year-on-year upwards, indicating global investors' preference for India's enabling environment

FDI increased from $14.06 billion to $28.1 billion in the July-September quarter, Commerce and Industry Minister Piyush Goyal said in a tweet FDI increased from $14.06 billion to $28.1 billion in the July-September quarter, Commerce and Industry Minister Piyush Goyal said in a tweet

Increase in foreign direct investment (FDI) into India in July-September 2020 to $28.1 billion indicates global investors'' preference for the country's enabling environment, Commerce and Industry Minister Piyush Goyal said on Saturday, November 28.

FDI during September quarter 2019 stood at $14.06 billion.

"Despite COVID, FDI doubles year-on-year upwards. Indicating global investors'' preference for India's enabling environment under PM @NarendraModi ji, FDI increased from $14.06 billion to $28.1 billion in the July-September quarter," he said in a tweet.

FDI in India grew by 15 per cent to $30 billion during the first half of the current fiscal year, according to official data.

Also Read: FDI grows by 15% to $30 billion during Apr-Sept 2020: DPIIT

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