FDI flows to cross $35 bn this FY: Nath

Reuters
Posted: 2008-10-13 13:44:38+05:30 IST
Updated: Oct 13, 2008 at 1344 hrs IST

Font Size

Feedback

Discuss

At the time of crisis, turn to India: Kelkar Economic crisis needs bigger response: Shourie Inflation dips to 8.90%, RBI may cut rates CMIE revises down economic growth to 8.2 pct

Foreign direct investment (FDI) in India will be in excess of $35 billion in the current financial year that ends in March, the trade minister said on Monday.

"Liquidity will have some impact on investment flows but we hope to achieve FDI inflows in excess of $35 billion this year," Kamal Nath said on the sidelines of a business conference.

Last week, he said FDIs in India rose 124 percent to $14.6 billion in the April-August period.

Post Comments

Comments: (Limit 3,000 characters)

Name		Message
Email ID
Subject

TERMS OF USE:
The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).

I agree to the terms of use.

Latest News

Print Edition

Events

FDI flows to cross $35 bn this FY: Nath

Post Comments