Tuesday, 17 July 2018

FDI INFLOW IN INDIA; Source: The Hindu

  • Foreign direct investment (FDI) in India seems to be petering out with the growth rate of inflows recording a five-year low of 3% at $44.85 billion in 2017-18, according to the latest data of the Department of Industrial Policy and Promotion (DIPP).
  • Foreign inflows in the country grew by 8.67% in 2016-17, 29% in 2015-16, 27% in 2014-15, and 8% in 2013-14. However, FDI inflows recorded a negative growth of 38% in 2012-13.
  • An UNCTAD report, too, had recently stated that FDI in India decreased to $40 billion in 2017 from $44 billion in 2016. However, outflows from India, the main source of the FDI in South Asia, more than doubled to $11 billion, it added. UNCTAD Secretary-General Mukhisa Kituyi had said, “Downward pressure on FDI and slowdown in global value chains are a major concern for policymakers.“
  • Sectors that received maximum foreign inflows in the last fiscal include services ($6.7 billion), computer software and hardware ($6.15 billion), telecom ($6.21 billion), trading ($4.34 billion), construction ($2.73 billion) automobile ($2 billion) and power ($1.62 billion).


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