17 JUN,2019 | MEDC
The growing number of Indian companies opting for international acquisitions is expected to make the country one of the top 20 global sources of FDI by 2021, as per a UN report. Drawing inference from a number of global investment promotion agencies, the report points out that India’s equity outflows stood at $ 11.03 billion in 2018. However, inbound FDI is another story. While the report says that FDI inflows rose 6% in 2018 to $ 42 billion, the Government’s own data for that period shows that inbound equity investments declined for the first time in six years in FY19. However, there is a reason to be optimistic as economic stability will follow political stability in India. The recent electoral verdict clearly signals a need for continuity of reforms.
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