According to a Financial Times report, India was the top global FDI destination in 2015, overtaking both United States and China.
Data from the government's Department Of Industrial Policy and Promotion reveals that Foreign Direct Investment (FDI) inflows into India increased by 29 per cent to a record $40 billion during in the financial year 2015-2016. This comes on the back of initiatives like 'Make in India', which aims at promoting India as an important investment destination and a global hub for manufacturing, design and innovation.