New FDI targets look daunting
The government has released the comprehensive FDI (Foreign Direct Investment) policy document recently. It garnered some attention in the media since this was the first time that such an initiative was completed successfully. This is of prime concern since the concept of globalization has bolstered the influx of FDI in rapidly growing economies like India. Yet, we know where we stand when China gets $90 billion in FDI in 2009 compared to $21 billion for India.
The PM has set a target of increasing the cumulative FDI to $1 trillion by the 12th Five Year plan as against cumulative FDI inflows of $129.5 billion till January 2010. Anand Sharma, Minister of Commerce & Industry assures that “the figure seems very high in context to our current GDP but our GDP will double or increase by two-and-a-half times in coming five to six years and it’s a reality.”
The government has released the comprehensive FDI (Foreign Direct Investment) policy document recently. It garnered some attention in the media since this was the first time that such an initiative was completed successfully. This is of prime concern since the concept of globalization has bolstered the influx of FDI in rapidly growing economies like India. Yet, we know where we stand when China gets $90 billion in FDI in 2009 compared to $21 billion for India.
The PM has set a target of increasing the cumulative FDI to $1 trillion by the 12th Five Year plan as against cumulative FDI inflows of $129.5 billion till January 2010. Anand Sharma, Minister of Commerce & Industry assures that “the figure seems very high in context to our current GDP but our GDP will double or increase by two-and-a-half times in coming five to six years and it’s a reality.”
Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
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An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
Prof. Rajita Chaudhuri's Website
domain-b.com : IIPM ranked ahead of IIMs
Arindam Chaudhuri's Portfolio - he is at his candid best by Society Magazine
IIPM Best B School India
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM's Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
IIPM B-School Detail
