Manufacturing FDI in India reaches highest level since 2011
Manufacturing FDI in India reaches highest level since 2011

Manufacturing FDI into India reached its highest level in 2018 since 2011, FT reports. India has seen a 40% increase in manufacturing FDI between 2017 and 2018, rising from 139 projects in 2017 to 228 in 2018. The number of jobs created in 2018 is up 53% on the previous year, with total planned capital expenditure into the country amounting to $28.58bn, an increase of 67% on 2017 figures. The primary source for investment into India’s manufacturing is the US, investing in 39 projects and a capital investment of $1.63bn. Japan closely followed with 31 projects and a capital investment of $4.41bn.

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