FDI declines by over 65% in Apr-Jun

AGENCIES: MUMBAI, AUG 10 2012, 23:35 IST

Mumbai: Foreign Direct Investment (FDI) in India declined by over 65 per cent to USD 4.64 billion during April-June 2012-13 year-on-year amid global economic slowdown. The FDI inflows were USD 13.4 billion in April-June 2011-12 period. According to latest data of the Reserve Bank of India (RBI), the FDIinflow in the country was USD 1.32 billion in June as against USD 5.73 billion in the same month last year. The data revealed that the net FDI -- difference between FDI inflow and outflow -- plunged 58 per cent to USD 3.83 billion in the first three months of the fiscal. The net FDI inflow was USD 9.04 billion in the same period of 2011-12. The inflows have been on decline since the beginning of the fiscal amid global economic slowdown and some foreign investors expressing concerns over India's "policy inaction". Director of Indian Institute of Foreign Trade (IIFT) K T Chacko said "may be it (decline in FDI) is because of the general lack in the overall investment climate and lack of stability in the policy". He said the amendments to tax laws with retrospective effect, too, could have some impact on the foreign fund inflows. Industry bodies have been demanding from the government to go ahead with economic reforms like opening the multi-brand retail sector to foreign investors to boost the investment climate in the country. Decline in foreign investments puts pressure on the country's balance of payments (BoP) and could also impact the rupee.
FOREIGN DIRECT INVESTMENT; NET (BOP; US DOLLAR) IN INDIA The Foreign direct investment; net (BoP; US dollar) in India was last reported at 11008159606.75 in 2010, according to a World Bank report published in 2012. Foreign direct investment is net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows total net, that is, net FDI in the reporting economy from foreign sources less net FDI by the reporting economy to the rest of the world. Data are in current U.S. dollars.This page includes a historical data chart, news and forecasts for Foreign direct investment; net (BoP; US dollar) in India.

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FOREIGN DIRECT INVESTMENT; NET INFLOWS (BOP; US DOLLAR) IN INDIA The Foreign direct investment; net inflows (BoP; US dollar) in India was last reported at 24159180719.95 in 2010, according to a World Bank report published in 2012. Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors. Data are in current U.S. dollars.This page includes a historical data chart, news and forecasts for Foreign direct investment; net inflows (BoP; US dollar) in India.

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FOREIGN DIRECT INVESTMENT; NET INFLOWS IN REPORTING ECONOMY (DRS; US DOLLAR) IN INDIA The Foreign direct investment; net inflows in reporting economy (DRS; US dollar) in India was last reported at 24159180719.95 in 2010, according to a World Bank report published in 2012. Foreign direct investment (net) shows the net change in foreign investment in the reporting country. Foreign direct investment is defined as investment that is made to acquire a lasting management interest (usually of 10 percent of voting stock) in an enterprise operating in a

country other than that of the investor (defined according to residency), the investor's purpose being an effective voice in the management of the enterprise. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows in the reporting economy. Data are in current U.S. dollars.This page includes a historical data chart, news and forecasts for Foreign direct investment; net inflows in reporting economy (DRS; US dollar) in India.

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FOREIGN DIRECT INVESTMENT; NET INFLOWS (% OF GDP) IN INDIA The Foreign direct investment; net inflows (% of GDP) in India was last reported at 1.43 in 2010, according to a World Bank report published in 2012. Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors, and is divided by GDP.This page includes a historical data chart, news and forecasts for Foreign direct investment; net inflows (% of GDP) in India.

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FOREIGN DIRECT INVESTMENT; NET OUTFLOWS (% OF GDP) IN INDIA The Foreign direct investment; net outflows (% of GDP) in India was last reported at 0.78 in 2010, according to a World Bank report published in 2012. Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net outflows of investment from the reporting economy to the rest of the world and is divided by GDP.This page includes a historical data chart, news and forecasts for Foreign direct investment; net outflows (% of GDP) in India.

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