www.sesei.eu | dinesh.chand.sharma@sesei.eu | M: +919810079461 | Tel: +911133521500

Invest India

FDI equity inflows into India cross $500 bn milestone

The key sectors which attracted the maximum of these inflows include services segment, computer software and hardware, telecommunications, trading, construction, automobile, chemicals, and pharmaceuticals. FDI equity inflows into India crossed the USD 500 billion milestone during April 2000 to September 2020 period, firmly establishing the country's credentials as a safe and key investment destination in the world. According to the data of the Department for Promotion of Industry and Internal Trade (DPIIT), the inflows during the period stood at USD 500.12 billion. About 29% of the FDI came through the Mauritius route. It was followed by Singapore (21 %), the US, the Netherlands, Japan (each 7%), and UK (6 %).

TAGS #DPIIT

India implemented several measures to facilitate trade during 2015-20: WTO

India has implemented several measures to facilitate trade, such as simplification of procedures and customs clearances for imports and exports, according to WTO. Geneva-based World Trade Organisation said that the other trade-facilitation initiatives introduced by India since 2015 include introduction of Indian Customs Electronic Gateway (ICEGATE); Single Window Interface for Facilitation of Trade (SWIFT); the Direct Port Delivery and the Direct Port Entry facilities; and the increased use of the Risk Management System (RMS). These points were part of the report of India’s seventh Trade Policy Review (TPR), which began on January 6 at the World Trade Organization.

TAGS #RMS