360° Coverage : FDI inflows to India down 29 percent in 2012: UNCTAD

11 Updates
FDI inflows to India down 29 percent in 2012: UNCTAD
Photo Credit: SAM PANTHAKY, Getty Images

FDI inflows to India down 29 percent in 2012: UNCTAD

Jun 26 2013, 12:18pm CDT | by

Geneva, June 26 (IANS) Low investor sentiment, a slowing economy and high interest and inflation rates have dented India's image as a preferred foreign investment option. The country received 29 percent less FDI inflows in 2012, the UN Conference on Trade and Development (UNCTAD) said Wednesday.

Geneva, June 26 — Low investor sentiment, a slowing economy and high interest and inflation rates have dented India's image as a preferred foreign investment option. The country received 29 percent...

Filed under: news

YouTube Videos

 
 
 

1 year ago

FDI inflows to India down 29 percent in 2012: UNCTAD

Jun 26 2013, 12:18pm CDT | by

Geneva, June 26 (IANS) Low investor sentiment, a slowing economy and high interest and inflation rates have dented India's image as a preferred foreign investment option. The country received 29 percent less FDI inflows in 2012, the UN Conference on Trade and Development (UNCTAD) said Wednesday.

Geneva, June 26 — Low investor sentiment, a slowing economy and high interest and inflation rates have dented India's image as a preferred foreign investment option. The country received 29 percent less FDI inflows in 2012, the UN Conference on Trade and Development (UNCTAD) said Wednesday.

The UNCTAD World Investment Report 2013 said India received FDI inflows of $26 billion in 2012 - down 29 percent from $36.19 billion in 2011.

"The Indian economy experienced its slowest growth in a decade in 2012, and also struggled with risks related to high inflation. As a result, investor confidence was affected and FDI inflows to India declined significantly," the report said.

However, the report said the country's FDI prospects were improving as a result of opening up of the economy and creation of manufacturing zones for Japanese and Korean companies.

"Inflows into the services sector are likely to grow, thanks to ongoing efforts to open up key economic areas such as retailing. Flows to manufacturing are expected as a number of countries, including Japan and Republic of Korea, establish country or industry-specific industrial zones in the Delhi-Mumbai industrial corridor," the report said.

The FDI outflows from India declined 30.92 percent at $8.6 billion from $12.45 billion due to shrinking value of cross-border mergers and acquisitions (M&As) by Indian companies. However, India led in investing in least developed economies (LDCs) with an investment of about $4.38 billion in 2012.

"In terms of share of greenfield projects in LDCs in 2012, companies from India were responsible for 20 percent of the total value. In addition to their scale, Indian investments in LDCs have been diversified geographically and sectorally," the report said.

India has invested in large-scale projects in Mozambique, Bangladesh and Madagascar.

Indian investments in Africa have been focused at the east and southern regions of the continent and they are not limited to just to large-scale investments in extractive and heavy industries, but also extended to smaller ones in pharmaceutical and healthcare.

IANS

Source: IANS

 
Update
11

1 hour ago

Chinese President arrives today, Ahmedabad gears up for a grand welcome

Sep 16 2014 10:09pm CDT | Source: HeadlinesToday.in

Keen to boost its trade ties with India, the Chinese side has already indicated that it will pledge to invest billions of dollars in India's railway, manufacturing and infrastructure projects during the Xi's visit, the third by ...
Source: HeadlinesToday.in   Full article at: HeadlinesToday.in
 

 
Update
10

1 hour ago

Chinese President Xi arrives today on three-day visit

Sep 16 2014 9:43pm CDT | Source: HeadlinesToday.in

Keen to boost its trade ties with India, the Chinese side has already indicated that it will pledge to invest billions of dollars in India's railway, manufacturing and infrastructure projects during the Xi's visit, t ...
Source: HeadlinesToday.in   Full article at: HeadlinesToday.in
 

 
Update
9

7 hours ago

Google Might Postpone Its Radical Plan To Change The Way Android Phones Are Sold (GOOG)

Sep 16 2014 3:30pm CDT | Source: Business Insider

Google might delaying its rumored Android Silver program, a re-branding effort that would give high-end Android smartphones a more unified, premium brand similar to Apple's, according to Amir Efrati at The Information.  There are a few primary reasons Google could be putting its Android Silver project on hold. As Efrati reports, the July departure of Google's chief architect Nikesh Arora likely played a role in delaying the program. Arora oversaw Go ...
Source: Business Insider   Full article at: Business Insider
 

 
Update
8

9 hours ago

Student engineers to also help Modi build smart cities

Sep 16 2014 1:44pm CDT | Source: Business Standard

IIT-Bombay invites ideas from students and profess ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
7

9 hours ago

BJP suffers reverses in by-polls

Sep 16 2014 1:27pm CDT | Source: Business Standard

Retains only seven seats in Gujarat, makes inroads in We ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
5

10 hours ago

 
Update
4

10 hours ago

Finance head of NHPC dismissed

Sep 16 2014 1:03pm CDT | Source: Business Standard

There had been a legal issue on Srivastava's tenure, after an adverse report from the Central Vigilance Commission in 201 ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
3

12 hours ago

Andy Mukherjee: Neighbourly lessons

Sep 16 2014 11:20am CDT | Source: Business Standard

Xi Jinping can tell Narendra Modi how to prepare a country for a flood of foreign investmen ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
2

12 hours ago

Sreenivasan Jain: The price of silence

Sep 16 2014 11:14am CDT | Source: Business Standard

Zafar Sareshwala, best known as the first staunch Muslim defender of Narendra Modi, believes if the Bharatiya Janata Party goes back to regressive and polarising issues, people could abandon the party in dro ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
1

12 hours ago

IOC cuts refinery output as rains hit fuel demand

Sep 16 2014 10:50am CDT | Source: Bridgeville Public Library

Diesel accounts for over 40 per cent of refined fuels consumed in India, but demand growth has weakened, in part due to sustained price ...
Source: Bridgeville Public Library   Full article at: Bridgeville Public Library
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

blog comments powered by Disqus

Latest stories

Almost 10 mn people in US live on less than $2 a day
United Nations, Sep 17 (IANS) UN Secretary-General Ban Ki-moon wishes Prime Mininster Narendra Modi would attend the Climate Change Summit next week at the UN in New York.
 
 
India made progress in fighting child deaths, malnutrition, but short of goals: UN
United Nations, Sep 17 (IANS) India has made progress on the twin fronts of reducing hunger and child mortality but is still short of development goals, two international reports say.
 
 
One million newborns die within 24 hours of birth: UN
United Nations, Sep 17 (IANS) One million babies each year died within 24 hours of birth from mostly preventable causes, a UN report said Tuesday.
 
 
Ebola epidemic spiraling out of control: Obama
Washington, Sep 17 (IANS) The Ebola epidemic in West Africa is "spiraling out of control" and posing a potential threat to global security, US President Barack Obama warned Tuesday.
 
 
 

Latest from the Network

Jewel doing good post split
Los Angeles, Sep 17 (IANS) Singer Jewel, who separated from Ty Murray, her husband of over six years, is not letting the split affect her. "I'm doing good!" the singer was quoted by people.com as saying. The 40-year-...
Read more on Celebrity Balla
 
UN announces Israeli-Palestinian pact on rebuilding Gaza
United Nations, Sep 17 (IANS/EFE) The United Nations Tuesday announced an agreement between Israel and the Palestinian Authority on the rebuilding of the Gaza Strip, devastated in the recent Israeli military offensive...
Read more on Politics Balla
 
Canada announces further sanctions against Russia
Toronto, Sep 17 (IANS) Canada has imposed further economic sanctions and travel bans against Russia in support of Ukraine, Canadia's Foreign Affairs Minister John Baird said Tuesday. Since the start of the Ukraine...
Read more on Politics Balla
 
US hails ratification of Ukraine-EU association agreement
Washington, Sep 17 (IANS) The US Tuesday congratulated the people of Ukraine on the ratification of the country's Association Agreement with the European Union(EU). "By forging ahead with this agreement in the face of...
Read more on Politics Balla
 
One million newborns die within 24 hours of birth: UN
United Nations, Sep 17 (IANS) One million babies each year died within 24 hours of birth from mostly preventable causes, a UN report said Tuesday. The 2014 Committing to Child Survival, a Promise Renewed progress...
Read more on Business Balla
 
UN chief calls for unity at General Assembly session
United Nations, Sep 17 (IANS) UN Secretary-General Ban Ki-moon Tuesday said the 69th session of the UN General Assembly (GA) opened as the world was confronted with an " unprecedented level of crisis" and called for...
Read more on Politics Balla
 
Ebola epidemic spiraling out of control: Obama
Washington, Sep 17 (IANS) The Ebola epidemic in West Africa is "spiraling out of control" and posing a potential threat to global security, US President Barack Obama warned Tuesday. "If the outbreak is not stopped now...
Read more on Business Balla
 
My son has taught me about patience: Hilary Duff
Los Angeles, Sep 17 (IANS) Actress Hilary Duff can't really remember life without her two-year-old son Luca and says he has changed her completely. The "Chasing the sun" singer credits Luca, her son with estranged...
Read more on Celebrity Balla
 
Scottish minister insists of using pound even if gets independence
Edinburg, Sep 17 (IANS) Scottish First Minister Alex Salmond Tuesday insisted that an independent Scotland could not be prevented from using the pound. In an interview with Sky TV news, Salmond reiterated his desire...
Read more on Politics Balla
 
Portman 'honoured' to be face of Dior
Los Angeles, Sep 17 (IANS) Actress Natalie Portman says it is an "honour" to front campaigns for Dior and is constantly excited about working on new projects with the Parisian label. The "Black Swan" star, who has...
Read more on Celebrity Balla