TNPSC Thervupettagam

FDI in India: Now, Next and Beyond

December 2 , 2020 1458 days 994 0
  • It was a report released by the Confederation of Indian Industry (CII) and Ernst & Young firm (EY).
  • As per this report, India may attract foreign direct investment (FDI) of $120-160 billion per year by 2025.
  • The country saw GDP grow 6.8 percent over the past 10 years with FDI to GDP at 1.8 percent.
  • The automobiles, chemicals, drugs and pharmaceuticals have attracted a majority 89 percent of FDI.
  • As per States-wise, Maharashtra remains the most attractive destination (28 percent)
  • It is followed by Karnataka (19 percent), Delhi (16 percent) and Gujarat (10 percent).

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