According to World Investment Report 2020, India became the world’s 9th largest recipient of the foreign direct investment in 2019 scoring deals worth $51 billion.
Main Features –
The report was released by the United Nations’ trade body, the UN Conference on Trade and Development (UNCTAD).
The inflows stood at $42 billion when India ranked 12th worldwide in 2018. India witnessed an increase in the inflows by $9 billion in 2019.
India was among the top five host economies for FDI in the developing Asia region.
Global FDI flows are speculated to see a plunge by up to 40 per cent in 2020, from $1.54 trillion in 2019.
This would be for the first time since 2005 that global FDI falls below the $1 trillion mark.
FDI flows to South Asia increased by 10 per cent to $57 billion in 2019, particularly by a rise in investment in India.
FDI to India, the largest South Asian recipient, increased 20 per cent to $51 billion.
