Question

In the last one decade which one among the following sectors has attracted the highest Foreign Direct Investment in flows into India?

  1. Chemicals other than fertilisers
  2. Services sector
  3. Food Processing
  4. Telecommunication

Answer:

Option B: Services sector

Detailed Solution:

The correct answer is “Services sector ”.

The services sector, which includes industries such as IT and IT-enabled services, financial services, and professional services, has consistently been one of the top recipients of FDI inflows into India over the past decade.