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Sunday, January 25, 2015

India will soon see surge in FDI inflows: Jayant Sinha

 India will soon see surge in FDI inflows: Jayant Sinha

NEW DELHI: India will soon see a surge in foreign direct investment, including from the US, as the country strengthens manufacturing sector under the 'Make in India' programme, minister of state for finance Jayant Sinha said on Sunday. 

"FDI is linked to business, brick and mortar on the ground... Discussions that I am having with American business people, I can tell you those business plans, those investments are being worked out and soon we will see surge of FDI coming to India as well," he said.

Sinha said the government is trying to accelerate promote and encourage manufacturing in India.

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