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Press Information Bureau
Government of India
Ministry of Commerce & Industry
08-December-2010 17:35 IST
Growth in Employment and Foreign Exchange Due to FDI

 

            The objective behind allowing Foreign Direct Investment (FDI) is to complement and supplement domestic investment, for achieving a higher level of economic development and providing opportunities for technological upgradation, as well as access to global managerial skills and practices. Cumulative FDI inflows of US $ 1,78,059 million have been received in India between April, 2000 to September, 2010.

            Details of FDI inflows, calculated as per international best practices, including FDI equity inflows, re-invested earnings and other capital, received between 2005-06 to 2010-11 (up to September, 2010), are as under:

(Amount US$ million)

S.No.

Financial Year

Total FDI flows into India

1.

2005-06

8,961

2.

2006-07

22,826

3.

2007-08

34,835

4.

2008-09*

35,180

5.

2009-10*

37,182

6.

2010-11 (up to September, 2010

13,508

                      *Provisional

            This information was given by Shri Jyotiraditya M Scindia, Minister of State for Commerce and Industry, in a written reply in the Rajya Sabha today.

 

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