In a sign that reflects investors confidence in the Centre’s ‘Make in India’ initiative, the foreign direct investment (FDI) into the country has witnessed a 48 per cent jump in the seven-month period till April 2015, the Commerce and Industry Ministry said on Tuesday.The initiative was launched on September 25 last year with an aim to make India a manufacturing hub of the world. The Ministry also said that in 2014-15, Foreign Institutional Investors (FIIs) investment grew by ‘717 per cent’ to $40.92 billion. Further, FDI inflows under the approval route grew 87 per cent to $2.22 billion during the previous fiscal.
