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

Written by :

Edited by :

Related Stories

India's Economic Performance

Fact Check: Govt Claim Of India’s Forex Reserves Booming At $418.9 Bn & FDI Jumping To $60 Bn In 2016-17

FDI Inflows Modi Government

Fact Check: Are Modi Government’s Claims On India’s FDI Inflows True?

Foreign Direct Investment

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

PM Modi Wanted Fact-Check On Whether Any Congressi Visited Bhagat Singh In Jail Or Not, Here It Is

India Slips 3 Positions To The 11th Rank In The FDI Confidence Index 2018, Retains 2nd Position Among Emerging Market

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

Latest on The Logical Indian

My Story

My Story: Plastic Sanitary Pad Gave Me Repeated Rashes, That’s When I Took Up Sustainable Menstruation And Education

Exclusive

Powerful Initiatives Taken By Brands Across Social Media To Spread Awareness About The Importance Of Voting

News

IAF Chopper Crash: Commanding Officer Removed, Could Face Criminal Charges

News

Has Demonetisation Arrested Fake Currency?

News

Six Mahasabha Members Arrested For Celebrating Birth Anniversary Of Nathuram Godse In Surat

Exclusive

Powerful Initiatives Taken By Brands Across Social Media To Spread Awareness About The Importance Of Voting

x

Stories that deserve attention, delivered to your inbox!

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