Telecom sector has received the highest foreign direct investment (FDI) vis-?-vis other sectors at $2.67 billion for the nine month period ended December 2014. As per the data from Department of Industrial Policy and Promotion (DIPP), in aggregate terms, the country received a total FDI inflow of $21.04 billion, during the same period. During the April-December period of 2014, FDI rose by 27 per cent to $21.04 billion against $16.56 billion in the same period in 2013.
During the period, India received maximum FDI from Mauritius at $5.89 billion, followed by Singapore ($4.31 billion), the Netherlands ($2.57 billion), the US ($1.48 billion) and Japan ($1.42 billion). The government has undertaken steps to boost FDI in the country. In 2013, the government had relaxed the FDI norms for the telecom industry to 100 per cent.
