Commerce and Industry Ministry: On monitor to draw $100-bn FDI this fiscal
The Commerce and Industry Ministry on Saturday mentioned the nation is “on track” to attract FDI of $100 billion in FY23, on the again of financial reforms and larger ease of doing enterprise. This will mark a close to 20 per cent enhance over the report inflows of $83.6 billion final fiscal.
Issuing a press release on the completion of eight years of the Make in India initiative, the ministry mentioned the overseas direct funding (FDI) inflows virtually doubled since FY15. The FDI has flowed in from 101 nations and into 57 sectors. As many as 31 states and Union territories had been the beneficiaries. FE
