FDI Intelligence Reports: India Becomes Top FDI Destination in 2015 by Replacing China [ Current Affairs ]

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According to the FDI Intelligence Reports, India has replaced China as the top Foreign Direct Investment (FDI) destination by $63 billion worth FDI projects in 2015 in India. FDI Intelligence is a division of Financial Times Limited which is the largest sector of excellence globally.

  • It also provides fDi Magazine which provides to corporate decision-makers and cross border investment professionals with an up-to-date image of the ever-changing global investment map.

Key highlights of Report:

  • India was the highest-ranked country by capital investment in 2015 with 63 billion dollars-worth of FDI projects.
  • It was the biggest change in Greenfield FDI in 2015 as it is the tripling estimated with 63 billion dollars.
  • There was an 8 % increase in project numbers to 697.
  • The improvement in FDI has resulted in a huge increase in job formation from nearly 1 lakh in 2013 to over 2 lakh jobs in 2015.
  • These high-value projects were specially announced across the coal, oil and natural gas and renewable energy sectors.
  • India has replaced China as the top destination for FDI by capital investment which results in high-value project programmes.
  • Among the emerging economies: Greenfield FDI inflow in India ( $63 billion), then China was followed by Indonesia ( $38.5 billion), Mexico ( $24.3 billion) and Brazil ( $17.3 billion).
  • Top destination states for FDI in 2015 in India:
  1. Gujarat achieved top rank with FDI of $12.4 billion.
  2. Maharashtra was second with FDI of $8.3 billion in 2015.

- Published on: April 25, 2016