Foreign direct investment inflows into India have increased significantly in the current fiscal, and the trend will continue during the remainder of this fiscal and beyond, due to the country's pro-growth policy agenda, says a Moody's report. According to the global credit rating agency, the country's economic growth is expected to pick up materially next year. In contrast, China's economic slowdown is set to continue, while the growth outlooks for Brazil and Russia remain precarious. Moody's said rising FDI inflows will help plug India's current account shortfall. This, in turn, should help to reinforce the economy's resilience to external headwinds, such as monetary policy normalization in the US, and deflationary risks in the euro zone. Net FDI inflows into the country surged over 33 percent in the first five months of this fiscal.
News On AIR | November 26, 2014 7:41 PM
FDI inflows in India to remain positive in coming quarters: Moody's report