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Friday, July 5, 2013

FDI in India in 2012-13


According to the Department Of Industrial Policy & Promotion (DIPP)India received 38 per cent less of such inflows into the country at $22.4 billion in 2012-13 against $35.1 billion in the previous year 2011-12

This is in sharp contrast to 2011-12, when FDI inflows grew 64 per cent from $21.4 billion, despite the fact that the year saw some controversial decisions like retrospective amendments to the Income Tax Act,1961
Mauritius has been the largest investor US $ 20 Billion

Mumbai & New Delhi are the two cities where FDI Inflows is heavily concentrated

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