- The UN trade report said the prospects for FDI inflows into South Asia are largely determined by expectations of growing investment into India
- The acquisition of India’s biggest e-commerce platform Flipkart by Walmart was a notable mega-deal
India received foreign direct investments worth $42 billion in 2018, helped by robust inflows in manufacturing, communication and financial services, a United Nations trade report said Wednesday.
In South Asia, FDI inflows increased by 3.5% to $54 billion, said the United Nations Conference on Trade and Development (UNCTAD) World Investment Report 2019. So, India attracted over 77% of the total foreign direct investments that came to the South Asian region.
“Investment in India – the subregion’s largest recipient – rose by 6% to$42 billion with strong inflows in manufacturing, communication, financial services and cross-border merger and acquisition activities,” said the report.
Source: Livemint
