{"id":248931,"date":"2023-06-21T19:46:35","date_gmt":"2023-06-21T14:16:35","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=248931"},"modified":"2023-06-21T19:46:35","modified_gmt":"2023-06-21T14:16:35","slug":"pm-modis-us-visit-inbound-fdi-rises-so-does-indian-investment-in-us","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/pm-modis-us-visit-inbound-fdi-rises-so-does-indian-investment-in-us\/","title":{"rendered":"PM Modi’s US visit: Inbound FDI rises, so does Indian investment in US"},"content":{"rendered":"\n

Source: <\/b>The post is based on the article<\/span> \u201c<\/b>PM Modi’s US visit: Inbound FDI rises, so does Indian investment in US<\/b>\u201d <\/b>published in <\/span>Business Standard <\/b>on 21st June 2023<\/b><\/p>\n

What is the News?<\/b><\/h2>\n

Closer economic ties are on the agenda as the Indian Prime Minister makes his first State visit to the US.\u00a0<\/span><\/p>\n

In this context, let us look at the data related to trade and capital inflows between India and the USA.<\/span><\/p>\n

What is the data related to trade and capital inflows between India and the USA?<\/b><\/h2>\n
\"India
Source: Business Standard<\/figcaption><\/figure>\n

Foreign Direct Investment(FDI): <\/b>There is more money coming into India to fund new factories and set up ventures through foreign direct investment (FDI) than before.\u00a0<\/span><\/p>\n

\u2013 The average annual US FDI flows in the five years leading up to 2018-19 was $2.7 billion. This has increased to $8.7 billion in the four years since then.\u00a0<\/span><\/p>\n

\u2013<\/span> A similar outward flow into the US s<\/b>hows up in the overseas direct investment data. This also includes debts, such as loans. The capital outflows averaged $1.7 billion in the five years leading up to 2018-19. This has increased to an average of $3.2 billion since 2019-20.<\/span><\/p>\n

Foreign Portfolio Investors(FPI):<\/b> The US tops in terms of foreign portfolio flows. This is money that US mutual funds and other entities invest by buying Indian securities, such as shares on the stock market.\u00a0<\/span><\/p>\n

\u2013 The US is the largest FPI investor in India, accounting for around Rs 38 of every Rs 100 worth of FPI holdings.<\/span><\/p>\n

India\u2019s imports and exports to the US: <\/b>India exports more to the US than it imports. The exports in 2022-23 were $79 billion, compared to imports of $50 billion.\u00a0<\/span><\/p>\n

\u2013 Imports have risen a little faster than exports in the last five years. Imports rose 89% since 2017- 18 while exports were up 64%\u00a0<\/span><\/p>\n

\u2013 India\u2019s imports from the US are largely made up of a few categories, including crude, petroleum products, coal and others. The top five accounted for around 49 per cent of imports in 2022-23.<\/span><\/p>\n

\u2013 The export basket was similar. Pharmaceutical products and ready-made cotton garments and accessories were among the major exports. The top five exports accounted for 36% of the total exports.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Source: The post is based on the article \u201cPM Modi’s US visit: Inbound FDI rises, so does Indian investment in US\u201d published in Business Standard on 21st June 2023 What is the News? Closer economic ties are on the agenda as the Indian Prime Minister makes his first State visit to the US.\u00a0 In this… Continue reading PM Modi’s US visit: Inbound FDI rises, so does Indian investment in US<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,164,9],"tags":[10503],"class_list":["post-248931","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-international-relations-daily-factly-articles","category-public","tag-business-standard","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/248931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=248931"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/248931\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=248931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=248931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=248931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}