FDI in services sector dips 30% in Apr-Oct

India’s foreign direct investment (FDI) inflows in services sector dipped by 30% to $2.16 billion (Rs. 9,933 crore) during April-October this fiscal. The financial and non-financial services sector had attracted FDI worth $3.12 billion (Rs.15,087 crore) during the same period last fiscal. The government should now look at opening sectors like banking and retail to attract more foreign inflows.