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of <h1>India's FDI Equity Inflows Surge to $27.31 Billion in 2008-09, Despite Global Economic Slowdown; Liberal Policies Boost Investment.</h1> Foreign Direct Investment (FDI) equity inflows in India rose from $5.5 billion in 2005-06 to $27.31 billion in 2008-09, marking an 11% growth over the previous year despite the global economic slowdown. India maintained its position as the second most attractive FDI destination according to UNCTAD and A.T. Kearney reports. The Indian government has implemented liberal FDI policies, allowing up to 100% automatic route investment in most sectors. Efforts to enhance economic cooperation and promote investment include organizing international business meets and implementing the e-Biz Project to streamline business processes.
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