India leads FDI in South Asia with 34 billion investments in 2014: UNCTAD [ Current Affairs ]
According to United Nations Conference on Trade and Development’s (UNCTAD’s) World Investment Report 2015, India has topped in the regional inflow of Foreign Direct Investment (FDI) in South Asia region during year 2014 for 34 billion US dollars investments.
- According to the report, FDI inflow to India has surged by 22 per cent to about 34 billion US dollars. India has improved its position to 9th top host country in the world for FDI in 2014.
- The report had divided Asia into three sub-regions viz East and South East Asia, West Asia and South Asia .Top five FDI recipients in South Asia- India, Iran, Pakistan, Bangladesh and Sri Lanka.
- Owing to good performance of India, the FDI inflows to South Asia region has rose to 41 billion US dollars in 2014. India was also the biggest investor in terms of outward FDI in South Asia region with 9.8 billion dollars. It had marked an increase of 486 per cent compared to year 2013.
- China is the world’s largest recipient of FDI with 129 billion dollars investments and has toppled US (92 billion dollars) in the world.
- Outward flow of FDI countries are- US had largest outward flow of FDI of 337 billion dollars followed by Hong Kong-China (142 billion dollars) and China (116 billion dollars).
- Published on: June 30, 2015