India most preferred destination for FDI: RBI
India most preferred destination for FDI: RBI

According to RBI Annual Report for 2017-2018, India remains a preferred destination for FDI as domestic consumption remains strong.

India has received $37.3 bn capital inflow in 2017-18 as compared to $36.3 bn in previous year.

The manufacturing sector is gathering momentum, helped by both services and agriculture sectors.

India has also moved into the top 100 countries in the World Bank's Ease of Doing Business global rankings with the ongoing policy reforms in single-brand retail trading, civil aviation etc.

According to the UNCTAD's Investment Trends Monitor (2018), India was 10th largest FDI in 2017 and remained the topmost destination for Greenfield investment, even ahead of China and US.

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