The Foreign Direct Investment equity inflows has increased by 48 per cent during October 2014 to April 2015 as compared to the corresponding period last year. The increase in FDI is attributed to the launch of Make in India initiatives in September last year. In 2014-15, the country witnessed unprecedented growth of 717 percent, to 40.92 billion dollars of Foreign Institutional Investors investment. The FDI inflow under the approval route saw a growth of 87 per cent during 2014-15 with inflow of 2.22 billion dollars and more than 90 percent of FDI being on automatic route. These indicators reflect remarkable pace of approval being accorded by the government and confidence of investors in the resurgent India.
News On AIR | July 14, 2015 7:33 PM
FDI up 48% since 'Make in India' campaign launch