The United Nations Conference on Trade and Development (UNCTAD) on 22 July 2010 came out with estimates in its World Investment Report 2010, according to which India is likely to emerge as the third largest recipient of foreign direct investment (FDI) for the three year period that would end in 2012. UNCTAD mentioned in the report that India is likely to be among the most promising investor-home countries in 2010-12. India was in the list of top ten countries in 2009 to have the highest FDIs in the world. In 2009 India had received FDI worth $34.6 billion, while the outward FDI was $14.9 billion.
UNCTAD published World Investment Report 2010
By Jagranjosh
Oct 9, 2010, 14:24 IST
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