FDI policy liberalised, 100% FDI now in retail, construction
The Dollar Business Bureau The Government on Wednesday made a number of amendments in India’s Foreign Direct Investment (FDI) policy for some major sectors. The Cabinet has allowed 100% FDI via automatic route in single brand retail trading and construction, while it has raised the existing limit in power exchanges and aviation sectors. “The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given its approval to a number of amendments in the FDI Policy. These are intended to liberalise and simplify the FDI policy so as to provide ease of doing business in the country. In turn, it will lead to larger FDI inflows contributing to growth of investment, income and employment,” said an official statement. For single brand retail trading, ...
India most likely to be the favoured destination for FDI inflows, UNCTAD Report
The Dollar Business Bureau India is likely to remain the favoured destination for foreign direct investment (FDI) inflows this year despite a stagnant inflow of $44 bn in 2016 the United Nations Conference on Trade and Development (UNCTAD) report detailed. India is favoured by the MNCs for its cross-border merger and acquisitions the report said. The report details that FDI inflows to developing Asia are expected to increase by 15% in 2017, to $515 billion, as an improved economic outlook in major Asian economies is likely to boost investor confidence. In major recipients such as China, India and Indonesia, renewed policy efforts to attract FDI could contribute to an increase of inflows in 2017. The report, however, cautioned that tax-related challenges may pose as ...
Indias position improves in FDI inflow list of UNCTAD
The Dollar Business Bureau India’s position has improved in Foreign Direct Investment (FDI) inflow list of UNCTAD. The country has ranked 10th on the list with 26 percent rise in FDI inflow as per the World Investment Report (WIR) 2016. “The position of India has improved in “FDI inflow list of UNCTAD”. The World Investment Report (WIR) 2016 has shown 26 percent rise in FDI inflow. Presently, India stays on 10th position whereas according to WIR-2015 the ranking for the year 2013 was 15th position,” Commerce & Industry Minister Nirmala Sitharaman, said in a written reply to the Lok Sabha on Monday. In addition, the country is in the 3rd position in the list of best prospective host economies for the period 2016-18. FDI trends ...
FDI in services up 20% to $1.46 billion in first half of 2015-16
The Dollar Business Bureau The flow of Foreign Direct Investment (FDI) in India’s services sector surged by about 20% to $1.46 billion (Rs.9404 crore) during the first half of the current financial year, a government data said. Total FDI inflows in the services sector was worth $1.22 billion (Rs 7,366 crore) during the corresponding period of the last fiscal, according to the Department of Industrial Policy and Promotion (DIPP). Services sector, which consists of banking, insurance, outsourcing, R&D, courier and technology testing segments, boasts a share of about 53% in the country’s total Gross Domestic Product (GDP). The sector has, during the last decade, emerged as the fastest-growing contributor to the Indian economy. Considering the number of reforms the government ...
FDI up 13% at $16.63 billion in first half of current fiscal
A major chunk of the FDI came from Singapore which overtook Mauritius to become the top foreign investor in the Indian market The Dollar Business Bureau During the current financial year, the highest FDI inflow was recorded in May at $3.85 billion, followed by April at a little over $3.60 billion and September at over $2.9 billion. Various steps taken by the government to ease the business process seem to have begun showing results with increased inflow of foreign direct investment (FDI). The FDI inflow in the country has increased by 13% to reach $16.63 billion in the first half of the current financial year, according to the latest data released by the Department of Industrial Policy and Promotion (DIPP). The total inflow during ...
Foreign investment in agriculture sector reaches $1763.57 million
In agriculture machinery sector, FDI inflows during April 2000 - June 2015 were $418.65 million The Dollar Business Bureau FDI inflows in the agriculture services during the above period have been lower as compared to computer software & hardware, telecommunications, automobiles etc Indias agriculture sector received up to $1763.57 million (Rs. 8747 crore) foreign direct investments (FDI) between April 2000 and June 2015, outperforming several key sectors such as textiles, mining and electronics. However, FDI inflows in computer software & hardware, telecommunications and automobiles were better compared to that in the agriculture services. On Tuesday, the Department of Industrial Policy & Promotion (DIPP) revealed sector-wise foreign direct investments for the period April 2000 - June 2015. FDI inflows in the agriculture services during the above ...
Developing nations among top FDI recipients in 2014
The Dollar Business Bureau Nine of the twenty largest investors were seen from developing economies in 2014 Global Foreign Direct Investment (FDI) inflows in 2014 fell by 16% to $ 1.23 trillion due to weak global economy, policy uncertainty for investors, among other reasons, said the World Investment Report 2015, released at the United Nations Conference on Trade and Development (UNCTAD). However, developing economies extended their lead in receiving FDI inflows, by occupying five positions among the top ten FDI recipients during the year. Inward FDI flows to the developing economies reached highest level ever at $681 billion registering a 2% rise in 2014, noted the report. The report further says that investments made by the Multi National Enterprises (MNEs) ...
