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ARTICLE · 07 JULY 2017

LexisNexis ® Foreign Investment Law Guide 2017-2018

Phoenix Legal
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India has emerged as one of the most attrac­tive destinations for foreign investment from around the globe.

IndiaGovernment, Public Sector
Manjula Chawla
Manjula Chawla
Ritika Ganju
Ritika Ganju
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1. What are the main reasons foreign investors invest in your jurisdiction?

India has emerged as one of the most attrac­tive destinations for foreign investment from around the globe. The United Nations Conference on Trade and Development's World Investment Report 2017 ranks India within the top ten countries around the world for attracting foreign direct investment (''FDI'') inflows and fourth amongst the Asian countries. According to the said report, India's total FDI inflow in the year 2016 was USD 44,486 bn. As per the statistics made available by the Department of Industrial Policy and Promotion, the FDI into India during the period from April-September 2016 rose 30% year on year with the most investments in the service sector industries followed by telecom­munications and trading.

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