Indian FDI doubles as global investment surges by 36%

Indian FDI:  Foreign Direct Investment flows into India nearly doubled in 2015, while global FDI flows “unexpectedly” increased significantly by 36% according to the annual report of the United Nations Conference on Trade and Development (UNCTAD). “Global FDI unexpectedly increased significantly to $1.7trn –  closer to the pre-crisis level and the highest since the global financial and economic crisis,” said James Zhan, UNCTAD’s Director of the Division on Investment and Enterprise.
“The bad news is that part of this global FDI is not really in the productive sector and is due for either inversion or corporate reconfiguration.”
Developing economies as a whole saw FDI hit a new high of $741bn,  5% higher than 2014, the report said. Asia remains  the largest FDI recipient region in the world.

Source: AKIpress