FDI grew by 35 percent: Amitabh Kant

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Since the Modi Government has launched the ‘Make in India’ flagship programme, the Foreign Direct Investment in the country has grown by 35 percent in last seventeen months.

“FDI in India has grown by 35 per cent at a point of time when FDI across the world has fallen by 16 per cent,” Department of Industrial Policy and Promotion Secretary Amitabh Kant told.

He also said that ‘Make in India’ was launched in end-September last year and since then FDI has grown by 40 per cent as compared to the previous year, “but if you look at the last seventeen months of this government FDI has grown by 35 per cent as compared to the previous seventeen months.”

FDI has come into manufacturing, consumer goods, logistics and food processing sectors, he added.

The additional charge of post of CEO, NITI Aayog has also given to Kant, consequent the completion of tenure of Sindhushree Khullar.

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