Table 4: India’s Invisible Receipts (US $ billion) Year  1  Services Transfers Income Invisibles Receipts/ Current Receipts (per cent) 2  3  4  5  1990-91  4.6  2.5  0.4  29  1995-96  7.3  8.9  1.4  35  2000-01  16.3  13.3  2.7  42  2001-02  17.1  16.2  3.4  45  2002-03  20.8  17.6  3.5  44  2003-04  26.9  22.7  3.9  45  2004-05  46.0  21.3  4.5  47  2005-06  60.6  25.2  5.7  47  Foreign investment has increased from negligible levels till the early 1990s to 2.5 per cent of GDP by 2005-06 (Chart 11).
Both direct and portfolio investment flows have recorded significant increases, although the inflows under direct investment remain relatively low compared to other recipient countries. The volume of FDI inflows into India is, however, growing on the back of growing interest by many of the world’s leading multinationals.