New Delhi: Government's efforts are paying off as India has become the highest FDI destination for greenfield projects, Finance Minister Arun Jaitley said today. "Satisfying, our efforts are paying off. India becomes the highest FDI destination for greenfield projects," Jaitley tweeted.
The Finance Minister's comment came after a report said that India, with USD 31 billion of foreign capital inflows, has surpassed China and the US to take the pole position in attracting largest FDI in the first half of 2015. The report published in the 'Financial Times' said India has attracted USD 31 billion of FDI in the first half of 2015, ahead of USD 28 billion of China and USD 27 billion of US.
The Finance Ministry has on September 30, forwarded a report published in FT that said "India grabs investment league pole position." The report has said India has attracted USD 31 billion of FDI in H1 2015, ahead of USD 28 billion of China and USD 27 billion of US.
