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India remains preferred destination for FDI, says RBI

Updated : August 29, 2018 05:29 PM IST

With manufacturing sector gathering momentum, helped by both services and agriculture sectors, consumption demand remains robust in the country making it an attractive investment destination, it said.
India received $37.3 billion capital inflow in 2017-18 as compared to $36.3 billion in the previous fiscal. During the 2015-16, the country received $36.06 billion.
Manufacturing activity is gathering momentum on the back of new business, both domestic and export orders, rising capacity utilisation and drawdown of inventories, said the Reserve Bank of India report.
India remains preferred destination for FDI, says RBI
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