69 pc of $1 trillion FDI inflow into India came in last 10 years: Govt
“This landmark achievement was bolstered by a nearly 26 per cent rise in FDI to $42.1 billion during the first half of the current fiscal year,” the review stated.
“This landmark achievement was bolstered by a nearly 26 per cent rise in FDI to $42.1 billion during the first half of the current fiscal year,” the review stated.
Foreign Direct Investment (FDI) inflows into India have crossed the USD one trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally.
Confederation of Indian Industry (CII) said Monday that India's consumer durables market is expected to touch a size of Rs 5 lakh crore by FY30 and will become the fourth largest in the world by 2027.
Keeping the upward trajectory, the Reserve Bank of India (RBI) saw net foreign direct investment (FDI) growing in the first four months of FY25, owing to an increase in gross FDI flows.
Prime Minister Narendra Modi will be visiting Wardha in Maharashtra's Vidarbha region on Friday to participate in the 'National PM Vishwakarma Programme'.
Media reports over the past week have quoted Karnataka’s Deputy Chief Minister DK Shivakumar as having said he lacks funds to pursue development projects after the state government fulfilled the Congress party’s five poll promises which are thought to have been instrumental in helping it to a famous victory in the Assembly election.
In the last decade or so, there has been a renewed urge to implement the reform process. India has reaffirmed its policy to follow fiscal prudence, with a new time path for reducing the national fiscal deficit to 3 per cent of GDP.
Inflow of foreign direct investment (FDI) to India is expected to surge to a record $100 billion in the current financial year helped by the Make-in-India initiative and steps taken by the government to improve the country's ranking in ease of doing business.
Annual Foreign Direct Investment (FDI) nearly doubled to $83 billion as 'Make in India', the flagship scheme of the government to facilitate investment and foster innovation, completed eight years. As per the Ministry of Commerce and Industry, FDI inflows stood at $45.15 billion in 2014-2015. The year 2021-22 recorded the highest ever FDI at $83.6 billion.
India's FDI inflow has increased 20-fold since FY03-04 when the inflow was USD 4.3 billion only.
