FDI in India growing at 38%: Nirmala Sitharaman
Union Commerce and Industry Minister Nirmala Sitharaman on Thursday said that foreign investment in India is growing at 38%, at a time when FDI is falling by 16% globally. Further, speaking at an event in Karnataka, she emphasised the state’s importance as “the third largest recipient of FDI” and the contributor of 6% of the country’s GDP.