Gross FDI climbs as net inflows turn positive
Gross foreign direct investment into India saw a significant rise in June. Net FDI also increased substantially, recovering from a previous month's outflow. Outward FDI, however, continued its downward trend for the past two months. Financial, ...
By ET Bureau |
Getty Images
Mumbai Gross foreign direct investment (FDI) to India increased to $9.3 billion in June, from $6.0 billion in May. Net FDI increased to $1.3 billion in June, from an outflow of $79 million in May. Outward FDI continued to register a downward trend for the last two months.
Read more: Food prices on the rise, domestic demand keeps economy strong
The major sectors witnessing outward FDIs were financial, insurance and business services, manufacturing, wholesale/retail trade, restaurants, and hotels.
Read more: Food prices on the rise, domestic demand keeps economy strong
The major sectors witnessing outward FDIs were financial, insurance and business services, manufacturing, wholesale/retail trade, restaurants, and hotels.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
Related Articles
How India’s outward FDI has expandedADVERTISEMENT
