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India is a land of opportunity that places premium on enterprise and creativity.I invite you, the Overseas Indians, to make use of the investment and business opportunities that india now offers. This is the time for all of us to become strategic partners in India's progress. By Dr. Manmohan Singh, Hon'ble Prime Minister of India
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Economic Engagement of Overseas Indians with India: Trends - May 2011

India's private transfers receipt, comprising mainly remittances from Indians working overseas, for the period April-December 2010-11 stood at US$ 41.3 billion, according to the figures released by the Reserve Bank of India (RBI) in May 2011. Private transfers receipts amounted to US$ 40.8 billion between April-December 2009-10. Private transfer receipts constituted 13.0 per cent of current rec...

Dated: May 19, 2011 | Categories: Others
Economic Engagement of Overseas Indians with India: Trends

According to the figures released by the Reserve Bank of India (RBI) in April 2011, India’s Private transfer receipts, comprising mainly remittances from Indians working Overseas, for the period April-December 2010-11 stood at US$ 41.3 billion, while between April-December 2009-10, private transfers receipts amounted to US$ 40.8 billion. Source: Reserve Bank of India The figures quoted by R...

Dated: Apr 19, 2011 | Categories: Others
NRI Investment Trends in India

India, the tenth largest economy in the world, and fourth in terms of People's Propensity to Purchase (PPP), has emerged as a promising destination for Non Resident Indian (NRI) investments. The country is witnessing a rising interest from NRIs to invest in well-established as well as small and medium enterprises (SMEs). The chart below gives a comprehensive overview of FDI flows in the count...

Dated: Feb 21, 2011 | Categories: Others
Investment trends: January 2011

The robust Indian economy has become a wave to follow on and the engagement opportunities which are being offered are becoming part of the rising economic bandwagon to prosperity. The business investments in India are a new trend which is enabling the Indian economy to prosper, while attracting the business investment opportunities in India to increase on a global level. India has so far (Dece...

Dated: Jan 21, 2011 | Categories: Others
Foreign direct investment trends: April 2000 - August 2010

The cumulative amount of foreign direct investment (FDI) flows into India from April 2000 to August 2010 aggregates up to US$ 175.94 billion, according to the latest data released on October 22, 2010 by the Department of Industrial Policy and Promotion (DIPP). The non-resident Indians (NRIs) among the overseas Indians accounted for US$ 4.68 billion FDI inflows during this period contributing ...

Dated: Nov 19, 2010 | Categories: Others
Economy Watch – March 2012

According to a document ‘Review of the Economy 2011-12’, released by the Prime Minister’s Office (PMO): The Indian Economy is expected to register a growth of 7.1 per cent during 2011-12, higher than the projection of 6.9 per cent as per the Advance Estimates (AE). Further, the economy is projected to grow by 7.5-8 per cent in 2012-13. The Services sector is estimated to continue with an ove...

Dated: Mar 15, 2012
Economy Watch – February 2012

According to the data released by the Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation: Gross Domestic Product (GDP) at factor cost at constant (2004-05) prices in the year 2011-12 is likely to attain a level of INR 52,220.3 billion (US$ 1,037.8 billion), as against the Quick Estimates of GDP for the year 2010-11 of INR 48,859.5 billion (US$ 971.1 billion),...

Dated: Feb 16, 2012 | Categories: Others
Economy Watch – January 2012

According to a study 'Growth Prospects of Indian Economy: Vision 2021, Trillion Dollar Growth Opportunities' by industry body PHD Chamber of Commerce and Industry (PHDCCI): India's real Gross Domestic Product (GDP) is expected to touch US$ 2.5 trillion by 2021 on the back of the country’s strong macroeconomic fundamentals, such as savings, investments and per capita income. India's real per ...

Dated: Jan 16, 2012 | Categories: Others
Economy Watch - December

According to the Second Quarter Review of Monetary Policy 2011-12 by the Reserve Bank of India (RBI):  The projected Gross Domestic Product (GDP) growth for 2011-12 is 7.6 per cent As measured by the Index of Industrial Production (IIP):   Industrial growth was 5.6 per cent during April-August 2011 Growth of eight core industries was 5.3 per cent during April-August 2011  Investment...

Dated: Dec 16, 2011 | Categories: Others
Economy Watch - November

According to the 17th round of Survey of Professional Forecasters, Q2: 2011-12, published in 'Macroeconomic and Monetary Developments Second Quarter Review 2011-12' by the Reserve Bank of India (RBI) Real Gross Domestic Product (GDP) at factor cost: Estimated to grow by 7.6 per cent in 2011-12 Services sector: To increase by 9.1 per cent in 2011-12 Industrial sector: To increase by 6.4 per ...

Dated: Nov 16, 2011
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OIFC is a not for profit public private initiative between the Ministry of Overseas Indian Affairs (MOIA) and the Confederation of Indian Industry (CII) aiming at expanding the economic engagement of the Indian diaspora with India.