Saturday, September 23, 2006

Sure, FDI is flowing in, but India has to work towards getting much more

Latest preliminary figures according to RBI’s Annual Report released on August 30 reveal that India received $7.7 billion in 2005- 06. Consequently, FDI flows were 37% higher in 2005-06 compared to last year. As proportion to FDI flows to emerging market and developing countries, FDI flows to India have been showing a consistent rise from 1.6% in 1998 to 3.7% in 2005, thereby steadily improving its rank on inward FDI Performance Index (World Investment Report, 2005) indicating improved investment climate.

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Source:- IIPM Editorial

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