Brought out after a six-month hiatus, the government’s Foreign Direct Investment (FDI) figures have revealed that inbound equity investments dropped for the first time under the current regime, going down by 7 per cent in the April-December period of FY19.
Latest figures released by the Department for Promotion of Industry and Internal Trade (DPIIT) on Wednesday shows that equity inflows reduced to $33.5 billion over the period, down from almost $36 billion in the same period of the previous year.
The latest figures were released after a hiatus of six months, throughout which the DPIIT did not