With government taking steps to improve the ease of doing business and attract foreign investments, FDI inflows into services sector grew by about 47 per cent to USD 2.64 billion in April-January last fiscal. The sector, which includes banking, insurance, outsourcing, R&D, courier and technology testing, had received foreign direct investment (FDI) worth USD 1.80 billion during April-January 2013-14.

Source - http://timesofindia.indiatimes.com