In the last decade, which one among the following sectors has attracted highest foreign direct investment inflows into India?

Chemicals (excluding fertilizers)

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Services

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Food processing

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Telecommunication

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Solution

The correct option is D Telecommunication

India is currently the world’s second-largest telecommunications market and has registered strong growth in the past decade and half. The Indian mobile economy is growing rapidly and is expected to contribute substantially to India’s Gross Domestic Product (GDP).

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Similar questions

46. Consider the following statements in terms of FDI investment into Indian Economy.

1. The main sectors which attracted the highest foreign inflows include services, telecom, trading, computer hardware and software and automobile.

2. Bulk of the FDI came in from Singapore, Mauritius , The Netherlands and Japan.

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