+
FDI inflow in last 10 years of NDA government totalled $709.8 Bn
ECONOMY & POLICY

FDI inflow in last 10 years of NDA government totalled $709.8 Bn

Minister of State for Finance, Pankaj Chaudhary, has highlighted India's remarkable achievements in attracting Foreign Direct Investment (FDI), with inflows reaching $709.8 billion between April 2014 and September 2024. He attributed this success to the Government's investor-friendly policies, which have made India one of the most attractive destinations for global investors.India's FDI policy framework is built on the principle of openness, allowing 100 per cent FDI under the automatic route in most of the sectors. More than 90 per cent of FDI inflows are received through this route, showcasing the effectiveness of simplified regulations. Strategic initiatives such as increasing FDI limits, removing regulatory barriers, and improving infrastructure have further enhanced the ease of doing business in the country. Since 2014, significant reforms across multiple sectors have boosted FDI inflows. In the defence sector, the FDI cap was raised from 26 per cent to 49 per cent, while 100 per cent FDI under the automatic route was permitted in railway infrastructure. Similarly, the insurance sector has seen its FDI limit progressively increase to 74 per cent, with the pension sector also opening up to foreign investment. The telecom sector witnessed major liberalization in 2021, allowing 100 per cent FDI under the automatic route. In the manufacturing sector, foreign investments have been permitted under the automatic route, including contract manufacturing. Other key reforms include easing local sourcing norms for Single Brand Retail Trading (SBRT), allowing 26 per cent FDI in digital media, and liberalizing the space sector in 2024 to attract global players. The Government has been maintaining detailed data on FDI equity inflows, with state and district-level records available since October 2019. This systematic approach helps in assessing the impact of foreign investments at both macro and micro levels. The Government's proactive reforms have strengthened India's position as a global investment hub. In 2020, 74 per cent FDI under automatic route was allowed in defence manufacturing, demonstrating India's commitment to advancing domestic capabilities. Similarly, 20 per cent FDI under automatic route was permitted in Life Insurance Corporation (LIC) in 2022, marking a significant milestone in the financial sector. These reforms, coupled with India's improving infrastructure and regulatory simplification, have created a robust environment for businesses to thrive. The emphasis on enhancing sustainability, fostering innovation, and expanding global partnerships ensures that India remains a preferred investment destination. India's FDI trajectory is expected to remain strong as the Government continues to broaden its policy framework to align with emerging global trends. By opening up strategically important sectors like space and telecom, India aims to attract investments that drive economic growth and innovation.

Minister of State for Finance, Pankaj Chaudhary, has highlighted India's remarkable achievements in attracting Foreign Direct Investment (FDI), with inflows reaching $709.8 billion between April 2014 and September 2024. He attributed this success to the Government's investor-friendly policies, which have made India one of the most attractive destinations for global investors.India's FDI policy framework is built on the principle of openness, allowing 100 per cent FDI under the automatic route in most of the sectors. More than 90 per cent of FDI inflows are received through this route, showcasing the effectiveness of simplified regulations. Strategic initiatives such as increasing FDI limits, removing regulatory barriers, and improving infrastructure have further enhanced the ease of doing business in the country. Since 2014, significant reforms across multiple sectors have boosted FDI inflows. In the defence sector, the FDI cap was raised from 26 per cent to 49 per cent, while 100 per cent FDI under the automatic route was permitted in railway infrastructure. Similarly, the insurance sector has seen its FDI limit progressively increase to 74 per cent, with the pension sector also opening up to foreign investment. The telecom sector witnessed major liberalization in 2021, allowing 100 per cent FDI under the automatic route. In the manufacturing sector, foreign investments have been permitted under the automatic route, including contract manufacturing. Other key reforms include easing local sourcing norms for Single Brand Retail Trading (SBRT), allowing 26 per cent FDI in digital media, and liberalizing the space sector in 2024 to attract global players. The Government has been maintaining detailed data on FDI equity inflows, with state and district-level records available since October 2019. This systematic approach helps in assessing the impact of foreign investments at both macro and micro levels. The Government's proactive reforms have strengthened India's position as a global investment hub. In 2020, 74 per cent FDI under automatic route was allowed in defence manufacturing, demonstrating India's commitment to advancing domestic capabilities. Similarly, 20 per cent FDI under automatic route was permitted in Life Insurance Corporation (LIC) in 2022, marking a significant milestone in the financial sector. These reforms, coupled with India's improving infrastructure and regulatory simplification, have created a robust environment for businesses to thrive. The emphasis on enhancing sustainability, fostering innovation, and expanding global partnerships ensures that India remains a preferred investment destination. India's FDI trajectory is expected to remain strong as the Government continues to broaden its policy framework to align with emerging global trends. By opening up strategically important sectors like space and telecom, India aims to attract investments that drive economic growth and innovation.

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?