Q: 23 (IAS/2004)
question_subject:
Economics
question_exam:
IAS
stats:
0,114,65,18,114,3,44
keywords:
{'highest foreign direct investment inflows': [0, 0, 1, 0], 'sectors': [0, 0, 1, 1], 'india': [8, 1, 7, 13], 'services sector': [0, 0, 1, 4], 'food processing': [2, 0, 2, 2], 'telecommunication': [0, 0, 3, 1], 'fertilisers': [0, 0, 1, 1], 'chemicals': [0, 0, 1, 1]}
In the last decade, the services sector has attracted the highest Foreign Direct Investment (FDI) inflows into India. The services sector includes various industries such as information technology (IT), business process outsourcing (BPO), financial services, telecommunications, and more. India has emerged as a global hub for IT and related services, which has contributed significantly to FDI inflows into the country.