According to the data released by Department for Promotion of Industry and Internal Trade, foreign direct investment (FDI) in equity into India surged 28 per cent to US$ 16.33 billion (Rs. 1,13,511 crore) during the April-June quarter of 2019-20. Total FDI (Equity inflows, re-invested earnings and other capital) during Q1FY20 stood at US$ 21.31 billion.