India retained its Number 1 position from last year as the world's top most greenfield FDI investment destination for the second consecutive year, attracting USD 62.3 billion in 2016, as per the FDI report, 2017 by FDI Intelligence, a division of The Financial Times Ltd.
India has remained ahead of China and the US as far as FDI inflows were concerned in the last year.
FDI by capital investment saw an increase of 2 per cent to USD 62.3 billion in 809 projects during 2016 in India.
In 2016, greenfield FDI continued to rise worldwide, with capital investment increasing by more than 6 per cent to USD 776.2 billion, its highest since 2011, alongside an increase in job creation by 5 per cent to 2.02 million. However, the number of FDI projects declined 3 per cent to 12,644.
China has overtaken the US to become the second biggest country for FDI by capital investment, recording USD 59 billion of announced FDI, compared with USD 48 billion-worth in the US.
Globally, the real estate sector has claimed the top spot for capital investment, with USD 157.5 billion of announced FDI recorded in 2016, following an increase of 58 per cent.
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