Mumbai, Feb 8: Foreign direct investment in India has been growing around 48 percent despite the global economic slowdown that has seen FDI declining elsewhere, Commerce Minister Nirmala Sitharaman said on Monday. “FDI in the world is falling… India is the only country where foreign investments are growing,” she said at the inaugural ceremony of ‘Make in India’ Week. “The government has incessantly pushed policy measures to boost manufacturing and today, FDI in India is growing at 48 percent while globally there’s a sharp fall,” she said. “The global business community has responded enthusiastically to the Indian economy’s revivalist fervour, and the Make in India Week will further showcase the nation’s accomplishments in manufacturing and position India as an investment, innovation and manufacturing hub,” she added.
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