Business

FDI flows into India to rise to 2.5% of GDP in 5 years, says UBS

PTI

 FDI inflows into the country is likely to rise to 2.5 per cent of GDP over the next five years, helped by economic growth and ongoing structural reforms, said a report by UBS Securities India.

 The foreign direct investments (FDI) into India have nearly doubled over the past decade to $42 billion, which was 1.9 per cent of GDP in 2016-17. “Post 2014 general election, FDI inflows saw a compound annual growth rate of 11 per cent versus a dip of 6 per cent seen over the previous 5 years,” UBS said.