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India's FDI Inflows during the five fiscal years of the Modi Govt hit to $42 billions

Last Updated: June 15, 2019

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India's FDI Inflows during the five fiscal years of the Modi Govt hit to $42 billions

India's FDI Inflows during the five fiscal years of the Modi Govt hit to $42 billions

15 June 2019 Current Affairs: India turned out to be the sub region’s largest recipient receiving foreign direct investments worth $42 billion in 2018.
The investment in India billion with strong inflows in manufacturing, communication and financial services. 
According to the report, FDI inflows have increased by 3.5% to $54 billion. 
India attracted over 77% of the total foreign direct investments ultimately landed up to the South Asian region.
The growth in India in cross-border merger and acquisitions (M&As) reached $33 billion in 2018 from $23 billion a year ago.
Bangladesh and Sri Lanka rose to a record level, to $3.6 billion and USD 1.6 billion, respectively, while Pakistan witnessed a 27% decline in investment to USD 2.4 billion, the report read.
Several countries adopted policy measures to promote and facilitate investment with India 
To amend the model concession agreement on public-private partnerships in the port sector.
The report highlighted that of the 5,400 special economic zones (SEZs) in the world, more than 4,000 are in developing countries in Asia. 
China topped the list at 2,543 followed by Philippines (528), 
India with 373, Turkey - 102, Thailand - 74 Korea 47, Malaysia - 45.
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