Geneva – Foreign Direct Investment flows into India nearly doubled in 2015 while the US emerged as the top host country for FDI last year, the UN’s trade agency said today.
Global FDI flows “unexpectedly” increased significantly by 36 per cent, according to the annual report of the United Nations Conference on Trade and Development released.
“Global FDI unexpectedly increased significantly to USD 1.7 trillion and this is closer to the pre-crisis level and it is the highest since the global financial and economic crisis,” said James Zhan, UNCTAD’s Director of the Division on Investment and Enterprise.
Just ahead of the release of the report on global investment in 2015 and forecasts for 2016, Zhan said, “The bad news is that part of this global FDI are not really in the productive sector and is due for either inversion or corporate reconfiguration.”
The First Post: FDI into India up 75% in 2015 after govt steps to boost investment, says UN body
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