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FDI Flow Grows By 35% In Last 17 Months: Kant

FDI in India has grown by 35 per cent at a point of time when FDI across the world has fallen by 16 per cent

Policy Pulse
Publish Date: Dec 30 2015 3:12PM | Updated Date: Dec 30 2015 4:16PM

FDI Flow  Grows By 35% In Last 17 Months: Kant

Foreign direct investment (FDI) into India has grown by 35 per cent in the last 17 months even as across the world it has fallen by 16 per cent, a top Union Government official said on Tuesday.

 

“FDI in India has grown by 35 per cent at a point of time when FDI across the world has fallen by 16 per cent,” Department of Industrial Policy and Promotion Secretary Amitabh Kant told reporters here.

 

He said ‘Make in India’ was launched in end-September last year and since then FDI has grown by 40 per cent as compared to the previous year, “but if you look at the last seventeen months of this Government FDI has grown by 35 per cent as compared to the previous seventeen months.”

 

FDI has come into manufacturing, consumer goods, logistics and food processing sectors, he added.