India pips US, China as the top FDI destination in 2015
September 30, 2015  10:59
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Prime Minister Narendra Modi has got a return gift as he came back from the two-nation tour - India has become the top destination for FDI in the world.With $31 billion of foreign capital inflows, India has surpassed China and the US to take the pole position in attracting largest FDI in the first half of 2015, a report in The Financial Times said. 

The report has come just as Modi has concluded his tour of Ireland and the US. He is slated to visit the UK in November. The FT report said India has attracted $31 billion of FDI in the first half of 2015, ahead of $28 billion of China and $27 billion of the US.

India is tracking well ahead of where it was at this time last year: it has more than doubled its midyear investment levels, attracting $30 billion by the end of June 2015 compared with $12 billion in the first half of last year.
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