FDI in India made a record, the figure crossed 1000 billion dollars, where did most of the investment come from? – FDI inflows India attracted over 1000 billion dollars foreign direct investment

by times news cr

New Delhi: ⁤Foreign Direct⁤ Investment (FDI) in India has created a new record. FDI inflow has crossed $1000 billion during April⁣ 2000 to September ⁢2024. In fact, India remains an attractive investment destination for ​investors from all over the ‌world. This is the reason why it is continuously increasing. According ​to the data of department for ​Promotion of Industry and Internal Trade ⁤(DPIIT), the total amount of​ FDI during this period was 1033.40 billion dollars.According to the data, about 25 percent of FDI came from Mauritius. This was followed by Singapore (24 percent),America (10‌ percent),Netherlands ​(7 percent),Japan​ (6 percent),Britain (5 percent),UAE⁢ (3 percent) and other countries.
Bangladesh will die of hunger like ‍Pakistan! Many big⁢ brands are looking for​ land in India, Surat may be the silver one

In which areas did more‍ investment come?

According to ​the data, India⁤ received $177.18 billion from ⁣Mauritius, $167.47 billion from Singapore and $67.8 billion from America. ⁤Most ‌of these‌ investments came in ‌the services‌ sector,computer ⁢software and ‍hardware,telecommunications,trading,construction growth,automobile,chemicals and pharmaceutical‍ sectors.

More than half of the investment came in 10 years

According to the Ministry of Commerce and Industry, since ⁣2014, India has received total FDI of $667.4 billion (2014-24). This is ⁣more than half of the total ‌FDI ($1000 billion). It is 119 percent more than the last decade​ (2004-14).

An official said ​that in the last‍ decade (2014-24),FDI in the manufacturing sector reached $ 165.1 ⁢billion,‍ which is 69 percent more than the previous decade (2004-14).

What will be the situation going forward?

FDI investment in india is expected to increase rapidly​ in the coming times. The biggest reason for this is that many big companies of the world are shifting⁤ their business from China to​ India.India can also benefit from the situation in Bangladesh.⁤ Due to this also FDI ‍may increase.

(With inputs from PTI)

How has India’s FDI landscape changed⁣ over the last decade?

Interview with Dr. Anita Sharma, FDI Expert on India’s⁤ Record ‌Foreign Direct Investment

Time.news Editor: Good afternoon, Dr. Sharma. Thank you for ⁣joining us today to discuss the remarkable growth in Foreign Direct Investment (FDI) in ‌India. The latest figures show that FDI inflow has crossed $1,033.40 billion ‍from April 2000 ‌to September 2024. What do you think are ⁤the key factors driving this record growth?

Dr.⁣ Anita Sharma: Good afternoon! It’s great to be here. The increase in‍ FDI in India can be attributed to several factors. Firstly, India is viewed as⁤ an ⁢attractive investment destination due to its ⁣large consumer market, skilled workforce,‍ and favorable government ⁣policies aimed at promoting investment. The country’s economic reforms⁣ since 2014 have⁤ also played ⁤a crucial ​role in enhancing the ease‌ of doing business, which in turn has⁢ instilled confidence among foreign investors.

Time.news Editor: Interesting! I noticed that about 25% of the FDI came from Mauritius, followed closely by Singapore. Could you explain why these⁣ countries are important in terms of investment in india?

dr. Anita Sharma: Absolutely. Mauritius has long been⁢ a preferred source for FDI into India ​due to its favorable ⁤taxation policies and double taxation avoidance agreements with⁤ India. ​This allows investors to engage in business without facing heavy ​tax⁣ liabilities. Similarly, Singapore’s robust financial⁣ ecosystem and strong‌ banking links in the asia-Pacific ⁢region make it an ideal hub for investments into India. The strong⁢ ties between these countries and India are driving‍ consistent investment inflows.

Time.news Editor: The services sector appears to be a major recipient of FDI, along with industries like telecommunications, pharmaceuticals, ‍and manufacturing. What implications does this have for the Indian economy?

Dr. Anita Sharma: The dominance of the services sector in attracting FDI ​indicates that India‍ is‍ becoming a global hub for ​IT and service-oriented industries. This ⁢not only boosts job creation but also enhances technological innovation and collaboration with foreign ​firms. Moreover, the growth in manufacturing, ⁣which saw‍ an ⁤impressive $165.1 billion in FDI during 2014-2024, signifies the government’s push⁣ towards ‘make in India,’ aiming to⁢ position the country as a global manufacturing powerhouse. This diversification can lead to a more resilient economy.

Time.news Editor: It’s impressive to‍ see that over 50% of the total FDI has come ‌in the last decade. what do you predict for the future landscape of ‌FDI in India?

Dr. Anita Sharma: I foresee continued growth in FDI, notably as several multinational companies pivot their operations⁤ from China to India due to geopolitical tensions and rising costs in China. This shift will not only enhance India’s ‍manufacturing capabilities‌ but will also create more ‍skilled job⁣ opportunities.⁤ Moreover, the current situation in⁣ Bangladesh also poses ⁤opportunities for India as investors seek stable environments with‍ growth potential, further bolstering India’s appeal as an‍ investment destination.

Time.news Editor:⁢ For our readers considering ⁢investing in India, particularly in the context of FDI, what ⁤practical advice would you​ provide?

Dr. ‌Anita sharma: I would advise potential‍ investors to conduct thorough⁢ market research to‌ understand consumer demands and ‍regional dynamics within India.Engaging with local⁢ partners can‍ also provide valuable insights into navigating the regulatory landscape. Additionally, understanding government initiatives and incentives aimed at foreign investors will be crucial for optimizing their ⁤investment ‍strategies. ‍staying informed on ⁢sociopolitical developments in the⁢ region ‌will​ help mitigate risks associated with investment.

Time.news Editor: Thank you⁤ for your insights, Dr. Sharma. It’s clear‍ that India’s FDI landscape is evolving ‌and⁣ offers exciting opportunities ahead.

Dr. ‌Anita Sharma: thank you for having me. It’s indeed an exciting‍ time⁤ for investors looking at India as a viable option ⁢for growth and expansion.

SEO Keywords: India Foreign Direct Investment, FDI growth in India, investment opportunities in India, India economic reforms, foreign investment in services sector.

You may also like

Leave a Comment