Become a Crorepati
Invest ₹10K/Month & Get ₹1 Crore returns*
+91
*T&C Applied.
Foreign Direct Investment Dipped by Three Percent in 2013
The FDI direct investment has dipped by 3% in 2013 in India. India will need US$ 1 trillion in the 12th Five Year Plan period to fund infrastructural growth.
loading...
loading...
loading...
Best Investment Plans
-
Generate wealth with high returns Earn 1 Cr in maturity with Zero LTCG tax^ -
Double tax savings^ On premiums (under 80C) and on maturity (under 10(10D)) -
Compare & choose the best 30+ Plans and 150+ Fund options
We are rated~
58.9 Million
Registered Consumer
51
Insurance Partners
26.4 Million
Policies Sold
In-built life cover
Top performing plans with High Returns*
Invest ₹10K/month & Get ₹1 Crore returns*
- Home
- Life Insurance
- Investment Plans
- News - IP
- Foreign Direct Investment Dipped by Three Percent in 2013
March 31, 2014; NEW DELHI: According to the official data, FDI (Foreign Direct Investment) has gone down by 3% to 22.3 billion US$ in 2013 in India. US$22.78 billion of FDI was attracted by India in 2012 as per the data given by DIPP (Department of Industrial Policy and Promotion).
The sectors which attracted foreign investment in 2013 are service, automobiles, pharmaceuticals, construction development, computer software and hardware, telecommunications, chemicals and power. Singapore, Mauritius, the Netherlands, the UK, Germany, Japan, UAE and France are the countries that invested in India during the year.
As the government has allowed more sectors to enter foreign investments in 2013, Tesco (UK's largest retailer), Singapore Airlines and Etihad come up to invest in India. FDI norms have been relaxed by the government in almost a dozen sectors including defence, telecom, commodity bourses, PSU oil refineries, stock exchanges and power exchanges.
Uk retail major Tesco has submitted its application towards the close of the year for investing US$ 110 million to start a supermarket chain with Tata Group's Trent.
For the funding of infrastructure growth covering sectors like airports, ports and highways, India will require US$ 1 trillion in the 12th Five Year Plan period i.e. between 2012-13 and 2016-17. The rupee that had depreciated to 68.75 against the US dollar on 28th August last year would get hurt by a decline in FDI. The rupee has strengthened since then to about 60 levels.
Past 5 Year annualised returns as on 01-10-2024
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
Tax benefit is subject to changes in tax laws. Standard T&C Apply
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
#The lumpsum benefit is calculated if policyholder invested ₹10000 monthly for 10 years in the fund with a policy term of 20 years. This Point To Point past performance data of last 10 years has been used to illustrate a scenario for the customers benefit. It is assumed that the past 10 years returns would have also been delivered in last 20 years. This is not guaranteed and not in anyway indicative of what the customer may actually get 20 years from now. The investment is subject to market risk and the risk is borne by the policyholder.
- SIP Calculator
- Income Tax Calculator
- Compound Interest Calculator
- NPS Calculator
- Show More Calculator
Investment Calculator
- One time
- Monthly
₹
/ Year
Sensex has given 10% return from 2010 - 2020
View plans
Investment plans articles
Recent Articles
Popular Articles
01 Oct 2024
CAGR, or Compound Annual Growth Rate, is a financial metric used
19 Sep 2024
The Pradhan Mantri Jan Dhan Yojana (PMJDY) is an initiative by