$20 billion and counting! Investments attracted by India in 3 months during Covid-19

[Surya 1]

$20 billion and counting! Investments attracted by India in 3 months during Covid-19

Nayantara Rai| Chief Of Bureau - New Delhi
Updated Jul 16, 2020 | 19:02 IST
The Reliance Jio platform has bagged the lion's share of the $20 billion investments to India. Fineprint shows India is attracting top dollar for digital opportunities and Made In India electronics.

[Exclusive] $20bn and counting! Investments attracted by India in 3 months during Covid-19
Photo Credit: IANS
Key Highlights

• India attracted $20 billion during Covid-19 from the world's largest & richest organisations
• Half of this is the $10 billion commitment by Google
• PM Narendra Modi has signalled this is just the start

New Delhi: Twenty billion dollars. That's what India attracted as investments and pledges from 15 companies in three months from April to July 2020 during the Covid-19 pandemic.

This is a massive vote of confidence for India by some of the world's largest and richest corporations like Google, Facebook, Walmart, Samsung etc. The corridors of power in New Delhi are abuzz with a document enlisting the details of the $20bn investment pledges, with the Narendra Modi cabinet convinced this is just the beginning. "This is just the start, it shows India is a very favourable investment destination," said a senior member of the government


https://www.timesnownews.com/amp/bu...during-covid/622602?__twitter_impression=true

 

[Surya 1]

This is exclusive of investment got by jio amounting to USD 16.7 bhbin 4 days. This year, figure of FDI may cross 100 bn USD.

 

[I S I]

Still
https://defence.pk/pdf/threads/indi...-of-11-percent-says-s-p.677199/#post-12558056

 

[Yaseen1]

covid19 has opened opportunity for third world countries to attract more investment from developed world but our govt is not benefiting from this like others in region

 

[Surya 1]

This shows confidence of international investors in Indian economy. This will definitely hurt those lobbies very much who look at Indian economy going down on every correction. The fact of the matter is that fundamentals of Indian economy is very strong and it has all set to to take a giant leap from here onward on its way to the world's largest economy. within two to three decades. It is a bad news for Indian haters. Now, companies such as Reliance are in the forefront of world's latest technology such as 5G etc. Saab gripen, Lockheed Martin, Boeing, airbus and all major aviation companies has the ground plans for India. Thhey are coming in India on a big way. Airbus Industries with a very big plant coming up in cholera near my land. Lockheed' Martin coming in India with F 16 , being is coming with its fighter plane, Saheb has a 100-year vision for India,. Tata, Mahindra, Ambanis, adanis, all have joint venture is with one of the top plane manufacturer company of the world. India is all set to buy the passenger plane plant of Bombardier. Things are happening rapidly in favour of of India. All major multinational are now headed by Indian CEOs. All major companies and institutions Such as International Monetary Fund , World Bank, Google, Microsoft IMF , Citibank, Pepsi all are headed by Indian CEOs. India and Indian are inevitable for the new world order.

 

[hualushui]

I hope that the Indian media can provide actual use of foreign capital instead of claiming investment

 

[beijingwalker]

$20 billion and counting! Investments attracted by India in 3 months during Covid-19

Nayantara Rai| Chief Of Bureau - New Delhi
Updated Jul 16, 2020 | 19:02 IST
The Reliance Jio platform has bagged the lion's share of the $20 billion investments to India. Fineprint shows India is attracting top dollar for digital opportunities and Made In India electronics.

[Exclusive] $20bn and counting! Investments attracted by India in 3 months during Covid-19
Photo Credit: IANS
Key Highlights

• India attracted $20 billion during Covid-19 from the world's largest & richest organisations
• Half of this is the $10 billion commitment by Google
• PM Narendra Modi has signalled this is just the start

New Delhi: Twenty billion dollars. That's what India attracted as investments and pledges from 15 companies in three months from April to July 2020 during the Covid-19 pandemic.

This is a massive vote of confidence for India by some of the world's largest and richest corporations like Google, Facebook, Walmart, Samsung etc. The corridors of power in New Delhi are abuzz with a document enlisting the details of the $20bn investment pledges, with the Narendra Modi cabinet convinced this is just the beginning. "This is just the start, it shows India is a very favourable investment destination," said a senior member of the government


https://www.timesnownews.com/amp/bu...during-covid/622602?__twitter_impression=true

"China’s outbound direct investment 296.27 billion yuan (US$41.8 billion) in the January to May period"

Some of them might be from China.

 

[Verve]

Where have all the investments gone? Poverty is on the rise, so who are the real beneficiaries? Definitely not the commoners.

 

[Dustom999]

Where have all the investments gone? Poverty is on the rise, so who are the real beneficiaries? Definitely not the commoners.

Foreign investors buying beaten down indian stock. Stock market has crashed from 43-44k level to as low as 30k. Most of the banks, automotive, steel, and other midcap companies have lost more than 50% of their value.
Investors will buy securities, dump them in 2-4 years and will more than double their money.

 

[Protest_again]

"China’s outbound direct investment 296.27 billion yuan (US$41.8 billion) in the January to May period"

Some of them might be from China.

China contributed just $163 million in FDI to India out of $51 billion India got last year.

Foreign investors buying beaten down indian stock. Stock market has crashed from 43-44k level to as low as 30k. Most of the banks, automotive, steel, and other midcap companies have lost more than 50% of their value.
Investors will buy securities, dump them in 2-4 years and will more than double their money.

You know FPI is separate to FDI, right? And sensex is at 38000 today.

 

[Surya 1]

I hope that the Indian media can provide actual use of foreign capital instead of claiming investment

Hu ha ha ha ha Haha ha!!!!!!!!!!

"China’s outbound direct investment 296.27 billion yuan (US$41.8 billion) in the January to May period"

Some of them might be from China.

May be but from now onward it will not be more than 10 pc as Indian government has put a cap of 10 pc on countries having a common border with India.

 

[Arulmozhi Varman]

View attachment 653891

China contributed just $163 million in FDI to India out of $51 billion India got last year.


You know FPI is separate to FDI, right? And sensex is at 38000 today.

Its not true. FDI from Hong Kong and Macau is not considered as FDI from "China". Most of Chinese companies are HQed in HK and Singapore. I think tencent investment was routed through Singapore.
Overall many believe in last 4 years through various entities and countries Chinese invested around 4-5B in our start ups, but haven't established much manufacturing.

Good thing as an insider is contract manufacturers are now getting more orders from indian companies themselves. When I was working most of the work orders we received were from foreign companies.

 

[Surya 1]

Where have all the investments gone? Poverty is on the rise, so who are the real beneficiaries? Definitely not the commoners.

Do you even know that India is the country to pull out maximum people out of poverty? Or just bluffs as ever.

 

[Dustom999]

Sorry! Irrelevant to the present thread, how can I make new thread in some section. I use pdf over an android fone, didn't fine creat a new thread button or likes. Can some one help here.

 

[Protest_again]

This year we'll hit close to $100 billion FDI in India.

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