Home Business FDI climbs 25 per cent in April-Oct : Nirmala Sitharaman

FDI climbs 25 per cent in April-Oct : Nirmala Sitharaman

Foreign Direct Investment (FDI) inflows climbed by around 25 per cent to USD 17.35 billion in the April-October time of the current fiscal, Commerce and Industry Minister Nirmala Sitharaman said today.

Change in the Macroeconomic circumstance and steps taken the new government helped draw in higher FDI, Sitharaman said.

However, there are difficulties to boost producing part and still there are number of difficulties to make India a global manufacturing hub, she said.

Those challenges need to be addressed and activity plan must be formed to overcome this, Sitharaman said while addressing at the inaugural session of the day-long workshop on ‘Make In India’.