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    FDI Grows 120%
  Commerce & Industry Minister Kamal Nath said that Foreign Direct Investment (FDI) inflow surpassed all previous projections and is expected to grow at 120% to USD 15 billion this fiscal year.
 

 

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Commerce & Industry Minister Kamal Nath said that Foreign Direct Investment (FDI) inflow surpassed all previous projections and is expected to grow at 120% to USD 15 billion this fiscal year. Speaking at the Confederation of Indian Industry (CII) “CII Partnership Summit 2007,” Nath said that this “highest annual growth” demonstrates investor confidence in government policies and the nation’s matured entrepreneurial and intellectual abilities.