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FDI flows into India nearly doubled in 2015: UNCTAD

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Foreign Direct Investment flows into India nearly doubled in 2015 as per the annual report of the United Nations Conference on Trade and Development (UNCTAD), while the US emerged as the top host country for FDI last year.

FDI flows into India nearly doubled in 2015: UNCTADAbout FDI
The term FDI stand for foreign direct investment, FDI means an investment made by a company or entity based in one country, into a company or entity based in another country.

Benefits of FDI

  • Improves forex (foreign Exchange) position of the country
  • Employment generation and increase in production
  • Help in capital formation by bringing fresh capital
  • Helps in transfer of new technologies, management skills, intellectual property
  • Increases competition within the local market and this brings higher efficiencies
  • Helps in increasing exports
  • Increases tax revenues.

Top 10 FDI Host Economies of the World

US Barack ObamaWashington, D.C.United States dollar
Hong Kong ——–Victoria Hong Kong dollar
ChinaXi Jinping BeijingRenminbi
NetherlandsMark Rutte AmsterdamEuro
the UK David Cameron LondonBritish Pound
Singapore Lee Hsien Loong—-Singapore dollar
IndiaNarinder ModiNew Delhirupee
BrazilDilma RousseffBrasíliaBrazilian real
CanadaJustin Trudeau OttawaCanadian dollar
France  Manuel Valls ParisEuro, CFP franc