Delhi-NCR, Maharashtra attracts maximum FDI In India
According to the Ministry Industry, over 50 percent of foreign direct investment (FDI) was coined by Maharashtra and Nation Capital Region inside the country since 2000.
Around $61.13 billion, about 33 percent of total inflow was bagged by Maharashtra during April 2000 – October 2012 and Delhi-NCR, Haryana has received $35.4 billion of FDI during the period. NCR accounted total FDI attraction of 19 percent and India received $185.7 billion as foreign inflows.
The reason for this concentration in this two cities are because Maharashtra and NCR have shown substantial improvement in the infrastructure and proactive approach of the respective governments. The mushrooming of new projects in Delhi-NCR and Maharashtra have attracted many foreign investors.
Even Karnataka ranked third position with FDI inflows worth $10.25 billion during the period, followed by Tamil Nadu with ($9.6 billion), Gujarat with ($8.53 billion), Andra Pradesh ($7.41 billion), and West Bengal (2.04 billion).
The maximum FDI came from Mauritius, Singapore ($18.4 billion),Uk ($17 billion), Japan ($13.83 billion) and the US ($10.8 billion) during April 2000 – October 2012.
Government is doing continuous efforts to sustain the FDI inflow and also to attract more investors from all major investing nations. About $14.7 billion as against $$25.3 billion was attracted by India in April-October this fiscal.
Read more news
Real estate projects in New Delhi soon to get fast track approvals
Delhi-NCR witnesses sharp rise in rentals
New policy for boarding house in residential zone in Gurgaon
Delhi, Delhi NCR, fdi in, FDI in India, fdi in indian economy, FDI India, fdi investment in india, Foreign Direct Investment in India, foreign direct investment in retail, impact of foreign direct investment in india, Indian real estate, Investment in India, Mumbai, Real estate in India