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Foreign Direct Investments have declined in India drastically

India has witnessed a sharp fall in the Foreign Direct Investments (FDI) between April to December 2018. During last fiscal India received $35 billion and this time it came down to $33.5 billion. The FDI rate has plunged to 1% in 2017 from 25% in 2014-15. Telecom sector has suffered the worst along with other sectors including software and hardware and others. Telecom has witnessed a decline of $3 billion in FDI inflows.