3 Months agoIndia- the world's preferred investment destination. Take a look at our FDI Highlights.
As a major national initiative to boost manufacturing and investment in India, Make in India has ushered multiple reforms in the sphere of Foreign Direct Investment (FDI), thus rendering positivity to the investment climate in India. The country has witnessed a substantial increase in FDI inflow with USD 161 Billion FDI received between April 2014 and March 2017. What stands out about this is that it accounts for 33.2% of cumulative FDI inflow in India since April 2000 until March 2017. Further, since the launch of Make in India, there has been a spectacular 62% growth in FDI equity inflow into the country.
As the Lion marches on with pride, the world is acknowledging its success. In 2017, India was ranked 8th in A.T. Kearney’s FDI Confidence Index.1 India was also ranked 1st among the world’s most attractive investment destinations, 1st among 110 investment destinations polled globally, 1st among the world’s best countries to invest in and a top destination for Greenfield FDI. In less than 3 years, Make in India has become a highly visible and credible brand, opening new doors for investment. All these rankings clearly reflect investor optimism in India’s economic outlook. The Government has been making consistent efforts to make India an investor-friendly destination. From measures to improve ease of doing business to reforms under the FDI policy regime, all Government initiatives on this front have been acknowledged the world over. The improved business environment also reflects in Confederation of Indian Industries’ Business Confidence Index, which reached an all-time high of 64.1 during Q4 of FY 2016-17.2
India’s positive business environment continued to fuel FDI growth in FY 2016-17 with significant FDI inflow recorded in the Q3 and Q4. Here’s taking a closer look at how India fared on FDI in the previous fiscal!