India’s FDI dropped by 50% to USD 1.16 billion in October

India’s FDI (Foreign Direct Investment) dropped by 50% to USD 1.16 billion for the month of October compared to the same month last year.India’s FDI stood at USD 2.33 billion in the same month last year. For the first 7 months of the current financial year (April-October), total FDI was jumped by nearly 50.3% to USD 20.8 billion due to better foreign cash inflows compared to last year.