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FDI up 40% to $29.44b in April-December FY16

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FDI in India

  • Foreign Direct Investment into the country has increased by 40 % to $ 29.44 billion in April- December in the current fiscal against $ 21. 04 billion in the same period of previous fiscal.
  • Union government has taken several steps to attract more investors to invest in the country.
  • Economic Survey 2015-16 emphasized favorable policy regime and attractive business environment have facilitated this notable increase in FDI inflows.

FDI

Top Investing Countries in FDI:

The investment inflows of FDI from 2000-2016 has steady growth, however over the years Mauritius, Singapore, UK are the countries were contributed with major Investments , the Data for  April- December of 2015 this fiscal enlisted below.

  1. Singapore ($ 10, 985 million)
  2. Mauritius ($ 6, 105 million)
  3. United States of America($ 3, 511 million)
  4. Netherlands ($ 2, 147 million)
  5. Japan($ 1, 082 million)

United Kingdom, Cyprus, Germany, France UAE were the other top investors over the years.

Major Sectors Attracting FDI Inflows:

  1. Computer Software and Hardware ($ 5, 306 million)
  2. Services Sector($ 4, 258 million)
  3. Trading ($ 2, 717 million)
  4. Automobile Industry ($ 1, 781 million)
  5. Chemicals & Fertilizers($ 1, 197 million)

Foreign Direct Investment:

Financial times reported that in 2015, India attracted investment of $31 billion toppling China and US that were gained $ 28 billion and $ 27 billion respectively.

FDI comes into the country through two routes namely,

  1. Automatic Route ( Without prior approval by GOI or RBI)
  2. Government Route