Mauritius was largest source of Foreign Direct Investment (FDI) in India in FY17

Mauritius was the largest source of Foreign Direct Investment (FDI) in India in FY17, according to recent census by the Reserve Bank of India (RBI). It has 21.8% share at market value. As per RBI’s data on Census on Foreign Liabilities and Assets of Indian Direct Investment Companies 2016-17, United States has acquired 2nd position followed by UK, Singapore and Japan. Beside this, Singapore (19.7% was the major FDI destination, followed by the Netherlands, Mauritius, and the USA. According to the data, manufacturing sector accounted for nearly half of the total FDI at market prices. Information and communication services, and financial and insurance activities were the other major sectors that attracted FDI.