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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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