According to Reserve Bank of India (RBI), foreign direct investment (FDI) in India increased to $42 billion during April-February in 2015-16, up by 27.45 per cent from the inflows in the corresponding period of the previous fiscal.
The inflows were $32.96 billion during April-February 2014-15.
The data further revealed that FDI in February was $3.2 billion, down from $5.14 billion in January. The foreign direct inflows were $3.48 billion in February 2015.
The net FDI (minus FDI outflow) was $34.04 billion during April-February as against $29.66 billion in the corresponding period of the last fiscal.
The inflows were $32.96 billion during April-February 2014-15
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