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Write a short note on India’s foreign investments. |
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Answer» There has been a phenomenal increase in foreign capital inflow and outflow. Inward foreign investments have increased from 201 crores in 1990-91 to 151406 crores in 2003-04. India’s investment in foreign countries has increased from 19 crores in 1990¬91 to 83616 crores in 2003-04. Inward foreign investments have grown more than 750 times while India’s investment abroad have increased 4927 times. Table showing inflow and outflow of foreign capital in and from India:
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