The over-all Foreign Direct Investment (FDI) in the Financial Year stood at $37.36 billion, a slight rise from $36.31 billion recorded in the previous fiscal.
![Here’s The India’s Largest Source Of FDI In 2017-18](https://i0.wp.com/www.thetimes24.com/wp-content/uploads/2018/09/fdi-e1536796513288.jpg?resize=388%2C267)
An Indian ocean Island nation Mauritius remained the largest source of Foreign Direct Investment (FDI) into India in 2017-18 followed by Singapore, according to RBI data.
While FDI from Mauritius totalled $13.41 billion, inflows from Singapore surged to $9.27 billion.
The over-all FDI in the financial year stood at $37.36 billion, a slight rise from $36.31 billion recorded in the previous fiscal.
A Foreign Direct Investment is an investment in the form of a controlling ownership in a business in one country by an entity based in another country.
It is therefore distinguished from a foreign portfolio investment by a notion of direct control.
The origin of the investment does not impact the definition, as an FDI: the investment may be made either “inorganically” by buying a company in the target country or “organically” by expanding the operations of an existing business in that country.