FDI growth rate hits five-year low of 3% in last fiscal
The growth rate of India's FDI inflows recorded a five-year low of 3% to $44.85 billion in 2017-18, according to official data. The sectors that received maximum foreign inflows include services ($6.7 billion), computer software and hardware ($6.15 billion), and telecommunications ($6.21 billion). Mauritius emerged as the largest source of FDI in India with $15.94 billion in 2017-18.