India ranks 10th in FDI
Thursday 23rd of June 2016
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India continues to be among the top ten countries in terms of foreign direct investment (FDI) inflows globally and the fourth in developing Asia, as per the World Investment Report 2016 by the United Nations Conference for Trade and Development (UNCTAD).
India’s FDI inflows have increased to $44 billion in 2015 as compared to $35 billion in 2014, and the growth has been across the board, the report said. India ranks 10th in FDI (Foreign Direct Investment) inflows.
- Top 10 Countries are: United States, Hong Kong, China, Ireland, Netherlands, Switzerland, Singapore, Brazil, Canada and India.
- United States with 380 billion dollars FDI inflows has topped the list.
- China with FDI inflows at 136 billion dollars (more than three times India’s FDI) in 2015 was ranked third.
- Globally, the FDI activity has increased by 38%,signalling revival in investment sentiments is on the cards.
- In terms of FDI outflows, there has been a decline in most developing and transition regions. However, in this case China is one of the exceptions.
- Striking the right balance between regulation and liberalization to promote investment for sustainable development is also highlighted.
- Liberalization measures have been applied by eliminating or relaxing entry requirements in financial services, aviation, mining and real estate.
- Restrictions, on the other hand, have been imposed on the national security and related reasons.