FDI roundup: Q1&Q2 (FY 2016-17)

4 Years agoIndia is the 3rd most attractive FDI destination, according to a report by UNCTAD.

India is the 3rd most attractive Foreign Direct Investment (FDI) destination, according to a report by United Nations Conference for Trade and Development (UNCTAD).1 Since the last two years, the government has brought about major FDI reforms in the significant sectors of the economy under the umbrella of Make in India. With key policy changes and improvement on ease of doing business, India became the most open economy in the world for FDI.2

The positive business environment has helped to continue the growth of the FDI. The FDI equity inflows in the first two quarters of Financial Year (FY) 2016-17 were 30% higher than those recorded last year.3


1 http://economictimes.indiatimes.com/news/economy/india-retains-3rd-spot-on-unctad-list-of-investment-destinations/articleshow/54725375.cms
2 http://pib.nic.in/newsite/PrintRelease.aspx?relid=146338
3 http://dipp.nic.in/English/Publications/FDI_Statistics/2016/FDI_FactSheet_April_Sep_2016.pdf pg.no.1
4 http://dipp.nic.in/English/Publications/FDI_Statistics/2016/FDI_FactSheet_April_Sep_2016.pdf pg.no.1

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