Which country is the top source of foreign direct investment (FDI) into India in the first half of 2015-16 fiscal year?
Which country is the top source of foreign direct investment (FDI) into India in the first half of 2015-16 fiscal year?
[A]Mauritius
[B]Singapore
[C]Japan
[D]United Kingdom
Singapore
Singapore has replaced Mauritius as the top source of foreign direct investment (FDI) into India during the first half of the current fiscal year 2015-16. It was unveiled by the data during April to September 2015 period released by the Department of Industrial Policy and Promotion (DIPP). India has attracted 6.69 billion dollars FDI from Singapore while it received 3.66 billion dollars from Mauritius. Overall, Singapore accounts for 15 per cent of the total inbound FDI received by India during April 2000 and September 2015. However, Mauritius accounted for 34 per cent of FDI during the same period.
