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FDI in India increased by 27% in 2020 despite Covid
As per UNCTAD World Investment Report, 2021, FDI flows in 2020 to developing Asian countries increased by 4% and reached $535 billion while the global FDI dropped by 35% and has reached $1 trillion.
FDI in textile tripled in 3 years: S Irani
Inaugurating the sixth edition of international textile and apparel fair, Vastra-2017, at Jaipur, Smriti Irani, Textile Minister, said that concerted efforts were being made for creating employment opportunities in the textile sector.
FDI in textiles doubles
Foreign direct investment (FDI) in textile sector more than doubled to $618.95 million during 2016-17 from $230.13 million in the previous fiscal, Parliament was informed recently.
Textile investment ahead: A boom or bust or just so-so?
India is one of the fastest growing and promising economies today on the world map. With huge raw material availability and with stable Government, rapid industrial growth is forecasted in near future. Today, textile sector is one of the largest contributors to India´s exports with approximately 11 per cent of total exports.
The evolution of fashion retail in India
Organised retailing in India has undergone remarkable growth in last decade owing to favourable demographics, growing consumer aspirations and brand consciousness. Correspondingly, the fashion category has also undergone profound ransformation over the years in terms of type and positioning of brands, formats, products and emergence of new players. The depth and variety of fashion brands have taken a quantum leap in shopping malls across all the sub-categories including apparel, footwear bags and accessories.
$11.2 bn FDI pours into Vietnam
The total foreign direct investment (FDI) registered in Vietnam in the first half of the year reached more than $11.2 billion, the Foreign Investment Agency (FIA) said. This is a significant surge of 105 per cent against the same period last year. Of the total, $7.5 billion came from 1,145 newly licensed projects, representing an yearly increase of 95 per cent in capital and 56 per cent in the number of projects.
Indian textile industry: The next decade
Textiles is India´s foremost manufacturing industry and has a significant impact on the economy since it contributes to industrial output, employment generation and the export earnings of the country. With contribution of about 14 per cent to the industrial production, 4 per cent to the GDP and 13 per cent to the country´s total export earnings, the industry provide direct employment to over 45 million people.