India Received $19.78 Billion FDI From Nations Visited By Narendra Modi In FY15

Kumar Vishal

August 6th, 2015 / 7:11 PM

Image Courtesy : images.indianexpress

Prime Minister Narendra Modi’s frequent foreign visits were often questioned and reportedly it has yield considerable Foreign Direct Investments to India.

As a step ahead to improve the trade and commerce and to build healthier relationships with foreign nations, Prime Minister Narendra Modi visited Bhutan, Brazil, Nepal, Japan, the US, Myanmar, Australia, Fiji, Seychelles, Mauritius, Sri Lanka and Singapore during financial year 2014-2015 when Indian companies invested USD 3.42 billion in these countries.

As informed by the Commerce and Industry Minister Nirmala Sitharaman to the Parliament today, India received USD 19.78 billion foreign direct investment (FDI) from 12 countries visited by Prime Minister.

In addition to it, she said that the total outflow and inflow of foreign investment in general for 2014-15 fiscal was USD 6.42 billion and USD 75.71 billion, respectively, while giving a written reply to Rajya Sabha. It is also reported that FDI in India increased by 27 per cent to USD 30.93 billion in fiscal year 2014-15.

 


Contributors

Edited by :

Share your thoughts..

Related Stories

Foreign Direct Investment

FDI Growth Hits Five-Year Low In FY 2017-2018: Govt Report

India Received $33.67 Billion In Remittances From Five Arab Nations in 2016

We Put Manmohan Singh At Highest Regard, Says Arun Jaitley On PM Modi’s Remark

Trade Deficit

India’s Export Dip In October, Imports Increase, Trade Deficit Widens To Highest In 3 Years

Report Reveals State Bank Of India Among Firms That Invested In Cluster Bomb Making Companies

NGO

NDA Govt. Cancels The Registration Of 10,000 NGOs, Know About It

Latest on The Logical Indian

News

RTI Response Proves There Was Oxygen Shortage In BRD Hospital, Dr Kafeel Khan Arranged For Cylinders

News

MHA To Honour Good Samaritans With ‘Jeevan Rakshak Padak’: Nitin Gadkari

World Affairs

Kofi Annan, Former UN Secretary General And Nobel Laureate Passes Away At 80

Get Inspired

Kerala Floods: Journalist Cancels Daughter’s Engagement, Donates Money To CM Relief Fund

News

Former Cricketer Imran Khan Becomes PM of Pakistan, Takes Oath Today

Get Inspired

Kerala Flood Heroes: Indian Navy Captain P Rajkumar Rescues 26 People, Commander Vijay Airlifts A Pregnant Woman To Hospital

x

Stories that deserve attention, delivered to your inbox!

Handpicked, newsworthy stories which deserve the attention of a rational generation.