Saturday, September 23, 2006

The seat must get hotter

However, equal importance has to be given to investment that is flowing outside India, which is not the case right now. According to Bundeep Singh Rangar, Chairman, IndusView Advisors, “Outward FDI from a country is a true indicator of a global investor, which wants to have a worldwide presence. China, which receives the highest inward FDI amongst emerging economies, is also planning to make it big in outward FDI also.” Outward FDI from China increased from a meagre $400 million in 1980 to $38 billion by the end of 2004.

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Source:- IIPM Editorial

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