Fruits of Modi’s foreign trips



Modi’s foreign trips proved very fruitful  in attracting FDI to the tune of $19.78billion though some adverse criticism is there about his frequent foreign visits.

  • 12 major FDI  source countries which Modi visited, have contributed  two thirds of total inflow of $30.93billion in the concluded financial year.
  • This is 27% more than the previous year
  • 48% of inflows came after launch of ‘Make in India’ during sept.2014.
  • Modi is meeting top business heads during his visit o Wednesday to Newyork.
  • Modi has successfully integrated foreign policy with economic and  corporate policies.
  • Japan, China and South Korea have assured us to invest  $65billion in next five years,France is having plans to invest $2 billion euros and UAE will pump in75billion infrastructure fund.

 

Source:ET


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