News Accessed From:
News Accessed On: 11th April 2016
Excerpts from the news:
- The total equity investment inflows have surged almost four-fold in four years.
- Statistics from the Indian government's department of industrial policy and promotion's (DIPP) website show that China's foreign direct investment (FDI) equity inflows into India rose to USD 1.61 billion between April 2000 and December 2016, or 0.50% of the total FDI inflows into India.
- It marked a quantum jump from USD 313 million, or 0.15%, at the end of December 2013 and USD 453.82 million, or 0.19%, as of December 2014 (April 2000 to December 2014).
- From a destination viewpoint, Mauritius, Singapore and Japan are the top three investor-countries accounting for about 58% of the total FDI equity inflows, according to the DIPP.
- Cumulative FDI equity inflows into India for the period April 2000 to December 2016 stood at USD 324.35 billion.
- The bilateral trade between India and China for the 11-month period ending February 2017 is as follows -
- Imports from China into India is at USD 55.63 billion
- Export of goods is USD 8.94 billion
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