Foreign direct investment (FDI) into the country is up. "In the 17-month period (October 2014-February 2016) up to February after the launch of 'Make in India', FDI inflows have increased by 37 per cent," Commerce and Industry Minister Nirmala Sitharaman said in a written reply in the Rajya Sabha.
She also said the overseas inflows grew 29 percent during the period compared to the 15-month period prior to the launch. The 'Make in India' initiative was launched on September 25, 2014 with an aim to make the country a global manufacturing hub.
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FDI inflows up since launch of MII policy
By IndianMandarins - 2016-04-28 10:23:17
Foreign direct investment (FDI) into the country is up. "In the 17-month period (October 2014-February 2016) up to February after the launch of 'Make in India', FDI inflows have increased by 37 per cent," Commerce and Industry Minister Nirmala Sitharaman said in a written reply in the Rajya Sabha.
She also said the overseas inflows grew 29 percent during the period compared to the 15-month period prior to the launch. The 'Make in India' initiative was launched on September 25, 2014 with an aim to make the country a global manufacturing hub.
