According to theUnited Nations Conference on Trade and
Development(UNCTAD) World Investment Report 2019,Indiareceived
foreign direct investments (FDI) worthUSD 42 billionin2018.
India attracted over 77% of the total foreign
direct investments that came to the South Asian region.
The global FDI slipped by13%in 2018, to
US$1.3 trillion from $1.5 trillion in 2017, the third consecutive annual
decline.
India’s rank as a source country for FDI dropped
one place to the10thposition
as it was overtaken by Spain.
Investment in India rose by 6% to USD 42
billion.
Among others in the South Asian region, FDI
flows toBangladeshandSri Lankarose to
a record level, to USD 3.6 billion and USD 1.6 billion, respectively, while
Pakistan witnessed a 27% decline in investment to USD 2.4 billion.
About
UNCTAD:
Established by: United Nations General Assembly
in 1964.
Headquarters: Geneva, Switzerland.
It is part of the UN Secretariat.
Purpose: It supports developing countries to
access the benefits of a globalized economy more fairly and effectively.
