FDI in 2015-16 highest ever at $51 bn: DIPP
Foreign Direct Investment (FDI) in 2015-16 (April-February period) has reached its highest ever level at $51 billion, Department of Industrial Policy and Promotion (DIPP) secretary Ramesh Abhishek said on Monday. In 2014-15, the FDI inflows were recorded at $44.29 billion. The complex procedures and delays in the investment process are now being gradually dismantled, he added. 