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As per UNCTAD World Investment Report, 2014, India received FDI of US $ 28 billion in 2013 compared to US $ 24 billion in 2012. Further as per UNCTAD World Investment Report, 2014 India’s rank from the point of view of Transnational Corporations (TNCs) among top prospective host economics is 4th as against 3rd as per the UNCTAD World Investment Report, 2013.
The UNCTAD Report mentions that although foreign investment continues to flow into single brand retail, no new projects have been recorded in multi brand retail.
The information was given by the Minister of State (Independent Charge) of the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Rajya Sabha today.
Foreign direct investment trend: India saw increased inflows, single brand retail attracted projects while multi brand recorded none. Foreign direct investment inflows into India increased in 2013 compared with 2012, with India ranked among the top prospective hosts for Transnational Corporations but slipping one place. The UNCTAD report showed continued investment in single brand retail while no new multi brand retail projects were recorded; these facts were disclosed by the Minister of State for Commerce and Industry in a written parliamentary reply.Press 'Enter' after typing page number.