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FDI outflows: Mauritius is India's largest overseas investment destination

FDI outflows to Mauritius and Singapore have gained momentum in the last one year

A K Bhattacharya 

The story of rising foreign direct investments (FDI) in India in the last few years is quite well-known. FDI flows into India were estimated at $24 billion in the last year of the Manmohan Singh government, that is 2013-14. But the first year of the Modi government saw a jump of 27 per cent in FDI inflows to over $30 billion, reflecting perhaps the foreign investors’ fresh enthusiasm about the new regime. The following year saw an even higher increase of almost 30 per cent to $40 billion. And in 2016-17, data for which are available only till December, the increase was 22 per cent ...

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First Published: Tue, May 02 2017. 12:23 IST
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