Bigger flow in manufacturing sector took place in just five months
Prime Minister Narendra Modi unveils 'Make in India' campaign
New Delhi: Prime Minister Narendra Modi’s ‘Make in India’ campaign has resulted in bigger flow of FDI in the manufacturing sector. India received around $7 billion FDI in manufacturing sector in just five months (October to February) after the launch of ‘Make in India’.
This is 45 per cent increase in FDI in manufacturing sector over the same period in the previous year, according to a background paper of commerce and industry ministry. The overall FDI between April-February 2014-15 was $28.81 billion.
( Source : dc correspondent )
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