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While FDI share in GDP declines, services, industrial corridors benefit: India Ratings
The Business Guardian
|September 02, 2024
Despite a significant surge in the foreign direct investment (FDI) inflow over the years (1995: USD 2.1 billion, 2023: USD 28.2 billion), the nature of FDI inflows in terms of states or sectors where they were flowing to have remained skewed, asserted India Ratings.
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With the increased infrastructure spending by the Union and state governments post 2021-22, the mediumterm outlook is positive for FDI inflows, opined India Ratings and Research’s in a report on Sunday.
India’s share in global foreign direct investments (FDI), after peaking at 6.5 per cent in 2020, declined gradually to 2.1 per cent in 2023. Quoting the World Investment Report 2024 by UN Trade and Development, India Ratings noted that India slipped to the 16th position in attracting FDIs in 2023 from the eighth position in 2022.
Cette histoire est tirée de l'édition September 02, 2024 de The Business Guardian.
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