FDI rises 31% to $24.8 bn during April-November
Foreign Direct Investment (FDI) into the country increased by 31 per cent to USD 24.8 billion during April-November, Economic Survey said on Friday. FDI in April-November 2014 stood at USD 18.9 billion. With a view to liberalise and simplifying the FDI policy and to provide ease of doing business climate in the country, the government has undertaken various reforms, the survey added. It said that FDI inflows have increased into sectors like computer software and hardware, services, trading, automobile industry, construction activities, chemicals and telecommunications.