Question
According to the World Investment Report by the UNCTAD,
Foreign Direct Investment (FDI) flows into India rose by 10 per cent to $49 billion in 2022, making it the ____ largest host country for announced greenfield projects and the ______ largest for international project finance deals.Solution
According to the World Investment Report by the UNCTAD, Foreign Direct Investment (FDI) flows into India rose by 10 per cent to $49 billion in 2022, making it the third-largest host country for announced greenfield projects and the second largest for international project finance deals. Amid declining trends in global FDI, India stayed at eighth position in terms of FDI inflows. The report said that outward investment by Indian multinational enterprises (MNEs) fell by 16 per cent to $15 billion in 2022. The share of developing countries in global FDI was more than 70 per cent —a record high. It increased by 4 per cent to $916 billion. The number of greenfield investment projects announced in developing countries increased by 37 per cent, and international project finance deals by 5 per cent.
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