India received USD 51 billion in FDI in 2019

United Nations Conference on Trade and Development (UNCTAD) reported that India received USD 51 billion in foreign investment in 2019 and was the world’s 9th largest recipient of foreign direct investments (FDI) in 2019.

Daily Current Affairs Quiz 2020

Key-Points:

A lower but positive economic growth in India in the post-COVID19 pandemic period and India’s large market will continue to attract market-seeking investments to the country.

India was the world’s ninth largest recipient of Foreign Direct Investments (FDI) in 2019.

In the developing Asia region, India was among the top five host economies for FDI.

FDI to India, the largest South Asian recipient, increased 20 per cent to 51 billion US dollar in 2019.

Most of the investments were in the information and communication technology and the construction industry. For the first time since 2005 that global FDI falls below the USD 1 trillion marks.