With India’s economy showing real GDP growth of 8.7 percent annually since 2003, international investments into India have increased significantly.
According to the “Handbook of Statistics on the Indian Economy,” published by the Reserve Bank of India, overall foreign direct investment, or FDI, into India was almost $20 billion for the 2006-2007 fiscal year, more than double the 2006 figure of $7.7 billion. And for 2007-2008, FDI topped $25 billion. At this pace, FDI into India will likely exceed that into China in the next two to three years, ranking India as the most favored emerging market for foreign investment.
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