Which among the following sectors is the largest receiver of Foreign Direct Investment in India?
[A]Services
[B]Automobile
[C]Telecom
[D]Pharmaceuticals
Telecom
As per the data by Department of Industrial Policy and Promotion telecom received the maximum FDI of $ 2.67 billion in the April-December period, followed by services ($ 2.29 billion), automobile ($ 1.58 billion), pharmaceuticals ($ 1.21 billion) and computer software and hardware ($ 971 million).