The over-all Foreign Direct Investment (FDI) in the financial year stood at $37.36 billion, a slight rise from $36.31 billion recorded in the previous fiscal.
While FDI from Mauritius totalled $13.41 billion, inflows from Singapore surged to $9.27 billion.
The over-all FDI in the financial year stood at $37.36 billion, a slight rise from $36.31 billion recorded in the previous fiscal.
A Foreign Direct Investment is an investment in the form of a controlling ownership in a business in one country by an entity based in another country.
It is therefore distinguished from a foreign portfolio investment by a notion of direct control.
The origin of the investment does not impact the definition, as an FDI: the investment may be made either “inorganically” by buying a company in the target country or “organically” by expanding the operations of an existing business in that country.