August 14th, 2010 
Ziaulla Namani
As per the United Nations Conference on Trade and Development (UNCTAD) Indian has the potential to be the third largest recipient of the foreign direct investment (FDI) in 2010- 2012.
The investment report by UNCTAD says, “If the situation continues to improve, India is likely to be among the most promising investor-home countries in 2010-12 as well as the third highest economy for FDI in 2010-12.
In the year 2009, India received FDI worth $34.6 billion, while the outward FDI was $14.9 billion, said the report. Also India remained in the list of top ten countries in 2009 to have the highest FDIs in the world.
The report further said that “FDI flows worldwide are expected to recover slightly this year… FDI flows to South Asia have experienced their largest decline since 2001, but they were the first to bottom out from the current downturn.”
UNCTAD maintained that “inflows from developed countries contracted the most, while intraregional FDI gained ground.”
“FDI outflows are expected to rebound in 2010, sustained by mergers and acquisition (M&A) opportunities associated with Indian and Chinese firms’ persistent pursuit of natural resources and markets,” it says.
UNCTAD made a forecast that the world economy is expected to grow by 3 per cent in 2010.
It also forecasts that central banks are expected to maintain low interest rates till the end of 2010 and commodity price increases are likely to remain modest.
More From investinindia
- The world is looking towards India
- Corruption a hindrance to India’s growth
- External liability on India rose to $628 billion
investinindia Recommends
- The Best Way to Invest in Property (The Credit Courier)
- Use the Third Person where the exact words of the speaker are not intended to be given (Deep Market)
Posted in 
Tags: 
