Based on the latest data of the Department for Promotion of Industry and Internal Trade (DPIIT), Foreign Direct Investment (FDI) in India declined for the first time in the last six years in 2018-19.
The overseas fund inflows subsided in telecom, pharma and power sectors.
Singapore replaced Mauritius as the top source of foreign investment with FDI inflows twice that from Mauritius.
The other major investors in the country include Japan, the Netherlands, the United Kingdom (UK), the United States (US), Germany, Cyprus, the United Arab Emirates (UAE) and France.