Over the years, India has emerged as one of the fastest growing economies in the world and an attractive investment destination driven by economic reforms and a large consumption base. It was the fastest growing major economy in 2017-18 with its GDP growing 7.2 per cent and reaching Rs 170.95 trillion (US$ 2.47 trillion). It is expected to grow at 7 per cent in 2018-19. A host of factors has enabled this growth, which includes a highly developed financial system, infrastructure requirements and proactive government regimes. Domestic and foreign investments both have had made an impact on the country’s growth. Between April 2000 and December 2018, India has received equity inflows of US$ 409.15 billion through foreign direct investments (FDI). Foreign Portfolio/Institutional Investors (FPI/FII) have invested around Rs 12.51 trillion (US$ 171.81 billion) in India between FY02-18. Proceeds through Initial Public Offers (IPO) in India reached US$ 5.5 billion in 2018 and US$ 0.9 billion in Q1 2018-19.
The country is on a fast pace growth and is expected to become a US$ 5 trillion economy by 2022. Going by the estimates of Government of India, the country will need investments of US$ 4.5 trillion to build sustainable infrastructure by 2040.
Exchange Rates Used: INR 1 = US$ 0.0145 as on March 29, 2019
Last Updated: May 20, 2019
GET NEWS ALERTS