Gujarat Shines, Registers highest ever FDI in the country
Nov 28th, 2020 7:26 pm | By ThenewsmanofIndia.com | Category: SPECIAL NEWS COVERAGE
(THE NEWSMAN OF INDIA.COM)
The state of Gujarat has got more than 50 percent of entire country’s, FDI during April to September 2020 (during the wrost hit covid period) it’s the highest ever. Despite registering 240 percent growth last year the state was not the first in total volume. But this year the FDI in all other state put together is less than that in Gujarat.
The efficient political leadership with the backup of dedicated bureaucracy of Gujarat state is the reason for this incredible out come.
This takes the FDI equity inflows during the financial year 2020-21upto September 2020 to US$30,004 million which is 15% more than the corresponding period of 2019-20. In rupee terms, the FDI Equity inflows of Rs 224,613 Crore are 23% more than the last year.
Gujarat has been the major beneficiary state of the FDI Equity inflows, during October, 2019 to September, 2020;followed by Maharashtra and Karnataka.
Government News
- RK Chaudhary, CMD, addressed NHPC employee 09/06/2024
- Union Textile Minister visits NBCC Executed Int. Craft Complex 09/06/2024
- Maharashtra Guv inaugurates iconic statue of NSE Bull 09/06/2024
- REC wins “Nodal Agency of the Year” Awards 2024 09/05/2024
- RECPDCL Hands Over Tumkur-II REZ Power Transmission to M/s G.R. Infraprojects 09/04/2024