India pips China as top FDI destination in 2015: Report

Discussion in 'Economy & Infrastructure' started by harsh, Apr 22, 2016.

  1. harsh

    harsh Regular Member

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    NEW DELHI: India has replaced China as a top destination for foreign direct investment by attracting $63 billion worth FDI projects announced in 2015, says a report.
    Also, there was an 8% increase in project numbers to 697, according to fDi Intelligence, a division of The Financial Times.
    Major companies such as Foxconn and SunEdison have agreed to invest in projects valued at $5 billion and $4 billion, respectively, in India in 2015, it said.
    India replaced China "following a year of high-value project announcements specifically across the coal, oil and natural gas and renewable energy sectors", the report said.
    "In 2015, India was for the first time the leading country in the world for FDI, overtaking the US (which had $59.6 billion of greenfield FDI) and China ($56.6 billion)," the report noted.
    In a tweet, minister of state for finance Jayant Sinha said: "India emerges on top in attracting FDI".
    Of the top 10 destination states for FDI in 2015, India claims five places, with the top place going to Gujarat, which attracted $12.4 billion. Maharashtra has been one of the strongest performers across the years attracting $8.3 billion in 2015. agencies
     
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  3. harsh

    harsh Regular Member

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  4. Hari Sud

    Hari Sud Senior Member Senior Member

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    Well done India!!!

    It is the 2016 which will be the real test.
     
  5. amoy

    amoy Senior Member Senior Member

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    LoL another feel-good piece of write-up by Indians!

    Don't u know China has escalated to another height ~ outbound ODI exceeding inbound FDI back in 2014??

    ODI set to exceed FDI
    http://english.gov.cn/news/top_news/2014/10/30/content_281475003197508.htm

    While India is struggling to attract more FDi. Even India is lagging behind Vietnam re. FDi per capita, as I pricked Indian bluff in a separate post.

    ~~Still waters run deep. ~~from my MiPad using tapatalk
     
  6. harsh

    harsh Regular Member

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    As far as per capita fdi figure is concerned. Less population less fdi will do the job you have compare it countries with comparable population.

    Or dukhi hone ka man h to tere ko kaun rokega bhai ja dukhi hi rah le.

    If you are a china bhakt and don't want to compare it to china. Its ok compare it to other countries like USA who comes third.
    If you support every other country except india then compare it with past indian fdi figure because it is highest.
    Can't help you if you are anti India( I mean brother of Kanhaiya kumar).
     
    raja696 likes this.
  7. shiphone

    shiphone Senior Member Senior Member

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    so called 'Greenfeild FDI'....

    maybe someone should have a check first...

    -------------------
    The Department of Industrial Policy & Promotion - FDI Statistics

    http://dipp.nic.in/English/Publicat...FDI_FactSheet_OctoberNovemberDecember2015.pdf

    QQ截图20160423083516.png

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    http://search.mofcom.gov.cn/swb/rec...d=english201602012608211&value=(FDI and 2015)

    QQ截图20160423130610.png

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    United Nation Conference on trade and development

    http://unctad.org/en/Pages/DIAE/DIAE Publications - Bibliographic Index/Pub-FDI-Statistics.aspx

    http://unctad.org/en/PublicationsLibrary/webdiaeia2016d1_en.pdf

    QQ截图20160423124923.png
     
    Last edited: Apr 23, 2016

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