According to the United Nations Conference on Trade and
Development (UNCTAD) World Investment Report 2019, India received
foreign direct investments (FDI) worth USD 42 billion in 2018.
India attracted over 77% of the total foreign
direct investments that came to the South Asian region.
The global FDI slipped by 13% in 2018, to
US$1.3 trillion from $1.5 trillion in 2017, the third consecutive annual
decline.
India’s rank as a source country for FDI dropped
one place to the 10th position
as it was overtaken by Spain.
Investment in India rose by 6% to USD 42
billion.
Among others in the South Asian region, FDI
flows to Bangladesh and Sri Lanka rose to
a record level, to USD 3.6 billion and USD 1.6 billion, respectively, while
Pakistan witnessed a 27% decline in investment to USD 2.4 billion.
About
UNCTAD:
Established by: United Nations General Assembly
in 1964.
Headquarters: Geneva, Switzerland.
It is part of the UN Secretariat.
Purpose: It supports developing countries to
access the benefits of a globalized economy more fairly and effectively.