FDI flows to India doubles to $59 billion in 2015: Report

FDI flows to India nearly doubled to $59 billion in 2015, largely boosted by steps taken by the Indian government to improve investment climate, according to UNCTAD’s latest report on global investment flows. Globally, FDI flows surged 36% to an estimated $1.7 trillion, their highest level since the financial crisis of 2008-09. This sharp rise was on account of a higher cross-border M&A value and not because of rise in greenfield projects. Barring another wave of M&A deals and corporate reconfigurations, FDI flows are expected to decline this year, the report said.

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