New benchmark: FDI equity inflows cross $500 billion in India
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In a development that shows India has emerged as a safe investment destination, FDI equity inflows crossed the $500 billion benchmark, reports PTI. Between April 2000 and September 2020, the country's inflows were recorded at $500.12 billion. The sectors that drew the maximum investment are services segment, computer software and hardware, telecommunications, automobile, chemicals, and pharmaceuticals.