The tally for investment pledges soared on the final day to 15.2 trillion rupees ($222 billion) - more than triple what India has attracted through foreign direct investment since Modi came to office in May 2014
Prime Minister Narendra Modi's efforts to make it easier to operate in Asia's third-biggest economy have yet to show up in key external indicators. In the World Bank's Doing Business index, for instance, India still ranks 130 of 189 economies - well short of Modi's goal to crack the top 50 in two years
Whether any of that will materialize remains to be seen. Right now the campaign launched in 2014 is best known for its logo - a lion made of cogs - that has shown up on billboards from Hannover to San Francisco.
Amitabh Kant, Secretary of India's Department of Industrial Policy and Promotion (DIPP), said he expected 80-85 %of the pledges to convert into serious business, much of it from foreign investors
It can take 18 months to three years for a memorandum of understanding to yield a final investment, he added.
Research commissioned by the free-market Friedrich Naumann and Cato institutes has found the rate of conversion of such pledges into real investments in India has typically been far lower - with no state exceeding 20%
Among investments signed in the last seven days were a commitment by Oracle Corp for $400 million to set up nine business incubation centres.
The week-long event is the boldest since PM Modi launched the initiative to emulate China's export miracle back in 2014.
On buzz alone, the effort got off to a great start, with the prime ministers of Sweden and Finland attending Saturday February 13,2016's gala opening hosted by PM Modi.
Nearly 50,000 delegates from 102 different countries attended the summit
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