FDI Inflows India 2019-20: DPIIT Data
The question asks to identify the sector that received the highest Foreign Direct Investment (FDI) inflows in India during the financial year 2019-2020, according to data released by the Department for Promotion of Industry and Internal Trade (DPIIT).
Identifying Highest FDI Sector
Based on the official statistics from DPIIT:
- The Service Sector encompasses a wide range of economic activities including IT, financial services, trading, hospitality, and more.
- In the fiscal year 2019-2020, the Service Sector attracted the largest share of FDI inflows compared to other sectors like Construction, Computer Services, and Financial Services individually.
- While Computer Services and Financial Services are components of the broader Service Sector, the overall category registered the highest aggregated inflows.
Therefore, the Service Sector was the top recipient of FDI in India for the specified period.
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