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Narendra Modi’s Make in India initiative brings in over $100 billion dollars

Narendra Modi’s Make in India initiative brings in over $100 billion dollars

Aakash Agarwal1 min read
Quick Facts
What is "Narendra Modi’s Make in India initiative brings in over $100 billion dollars" about?
What category is this article in?
General
Who wrote this article?
Aakash Agarwal, Capitalmind's research team.
When was this article published?
Published 20 July 2016.
How long does this article take to read?
1 min read
What topics does this article cover?
FDI policy

Narendra Modi’s `Make in India’ initiative brings in over $100 billion dollars since the launch back in September, 2014.

The `Make in India’ initiative was launched with the aim of promoting India as an important investment destination and a global hub for manufacturing, design, and innovation.

FDI Inflow Make in India July 2016

As per the Ministry of Commerce & Industry, during the period October, 2014 to May, 2016 - FDI inflow has also increased by 37% from US$ 62.39 billion to US$ 85.75 billion.

Lion’s share of the FDI Equity inflow goes to Services Sector followed by Telecommunications and Drugs & Pharmaceuticals.

FDI Inflow Make in India Top 10 Industries July 2016

Here is the sectoral breakup of which Industry garnered the most of the FDI Equity Inflow. This data is not available company wise due to the absence of a central database. Source: PIB Press Release

Sector-Wise FDI Equity Inflows October, 2014 to May 2016

Sector-Wise FDI Equity Inflows October, 2014 to May 2016

Tagged:FDI policy