Sacks filled up.. FDI equity sees a steep rise in India..!

New Delhi, February 20: Countries around the world have opened up their ways to invest in India, developing the extant robust financial backing of the nation. The Department of Promotion of Industry and Internal Trade (DPIIT) on Wednesday have released the data of top ten investors for the period of April-January 2019, increasing the equity flow in India.

 

 

Foreign direct investment (FDI) in India is a major monetary source for economic development in India. Foreign companies invest directly in fast growing private Indian businesses to take benefits of cheaper wages and changing business environment of India.

Out of top 10 countries, it is South Korea who have topped the list, being investor in terms of percentage increase during April to September, 2018. It invested US$ 567 million in comparison to US$ 79 million reported in the corresponding period of previous financial year.

Meanwhile, the report have particularly stated Japan’s aid increasing over 90% FDI equity inflow in India. The total investment received during April-September 2018 measures US$ 1.88 billion when compared to US$ 0.97 billion reported in year ago period.

However, the investment attained from the United Kingdom marks 180% increase in the FDI equity flow, it being US$ 0.84 billion during April to September, 2018 in comparison to corresponding period of previous financial year measuring US$ 0.30 billion.

FDI equity in Fertilizers, Glue and Gelatin, Petroleum & Natural Gas and Metallurgical Industries have marked increase of more than 300% during the equivalent period, paving the gates to financial equity assistance abide.