FDI Equity Inflows register 48% growth after 'Make in India' initiative
Source: PIB, Government of India The growth in foreign direct investment (FDI) has been significant after the launch of Make in India initiatives in September 2014, with 48% increase in FDI equity inflows during October 2014 to April 2015 over the corresponding period last year. In 2014-15, country witnessed unprecedented growth of 717%, to $40.92 billion of investment by Foreign Institutional Investors (FIIs). The FDI inflow under the approval route saw a growth of 87% during 2014-15 with inflow of $2.22 billion despite more sectors having been liberalized during this period and with more than 90% of FDI being on automatic route. These indicators showcases remarkable pace of approval being accorded by the government and confidence of investors in ...
