Hotline: 1800 102 2007
X
Search Business Opportunities
2011-08-08

June witnesses second-highest monthly FDI

June records second highest monthly FDI

June recorded the second highest foreign direct investment (FDI), received on a monthly basis in the last 11 years, at USD 5.6 billion, according to an official data released recently.

"A record second-highest monthly foreign direct investment equity inflow (during the last 11 financial years, starting 2000-2001), of USD 5.656 billion, has been received during the month of June 2011," according to a statement from the commerce and industry ministry.

This is nearly 310 percent increase over the FDI inflows of USD 1.38 billion received in June 2010.

FDI inflows had slowed down by 25 percent in the January-March quarter to USD 18.4 billion which the government attributed to economic slowdown in the US and Europe.

India Inc, however, blamed bureaucratic red-tapism involving business proposals and complex labour and tax laws that forced foreign companies to stay away from one of the fastest growing emerging economies in the world.

For the first quarter of the current financial year, FDI inflows have risen almost 133 percent, to USD 13.44 billion, over the like period of 2010-11.

During the six months of 2011 ending June, FDI inflows were recorded at USD 16.83 billion, an increase of 57 percent compared to the first six months of 2010.

Related opportunities
  • Express Food Joints / Drive Through
    About Us: Situated along the NH 58 near Khatauli, Uttar Pradesh,..
    Locations looking for expansion Delhi
    Establishment year 1950
    Franchising Launch Date 2018
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 8000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Aviation & Hospitality Training Institute
    About Us: Frankfinn has been growing at phenomenal speed since its..
    Locations looking for expansion Haryana
    Establishment year 1993
    Franchising Launch Date 2003
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 4000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Quick Service Restaurants
    About Us:   The Chef's Bowl, a venture of the RP -..
    Locations looking for expansion West bengal
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Saltlake West bengal
  • Quick Service Restaurants
    About: Pocket Café is a popular and happening hangout café brand..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts