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India’s FDI increased by 26% in 2014: UNCTAD

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According to the Global Investment Trend Monitor Report released by United Nations Conference on Trade and Development (UNCTAD), the FDI flows to India increased by 26% in 2014 to an estimated US$ 35 billion, with maximum growth in services sector especially in electricity, gas, water, waste management and information and communication.

The report points out that the Global Foreign Direct Investment (FDI) inflows declined by 8% in 2014 to an estimated 1.26 trillion US dollars due to the fragility of the global economy, political uncertainty and geopolitical risks.

The top five FDI hosts in 2014 were,

  1. China (US $128 billion)
  2. Hong Kong (US $111 billion)
  3. US (US $86 billion)
  4. Singapore (US $81 billion)
  5. Brazil (US $62 billion)

Knowledge is Wealth

  • The United Nations Conference on Trade and Development (UNCTAD) was established in 1964 as a permanent intergovernmental body.
  • The Headquarters of UNCTAD is at Geneva, Switzerland.
  • UNCTAD is the principal organ of the UNGA dealing with trade, investment, and development issues.
  • The UNCTAD Conference is being held once for every four years. The XIII conference took place in Doha in 2012. The venue for next conference (2016) is Peru.