In a tough year, FDI flows actually picked up on a YOY basis. FDI into India grew 13% to $49.97 billion in fiscal year 2019-20. In the previous fiscal year FDI inflow stood at $44.36 billion. Major sectors attracting the most FDI include services ($7.85 billion), computer software and hardware ($7.67 billion), telecom ($4.44 billion), trading ($4.57 billion), automobiles ($2.82 billion), construction ($2 billion), and chemicals ($1 billion). Singapore was the largest source of FDI at $14.67 billion followed by Mauritius ($8.24 billion), Netherlands ($6.5 billion), the US ($4.22 billion). FDI is the key to overhaul India’s infrastructure sector and bring it gradually to South East Asian levels.