FDI from India jumps by 44.76pc in past year

| Updated: May 05, 2018 21:33:22

FDI from India hits record high

Net inflow of Foreign Direct Investment (FDI) from India to Bangladesh rose by 44.76 per cent in the past year, central bank statistics showed.

The Bangladesh Bank data showed that the FDI from the neighbouring country in net terms stood at $114.65 million in 2017, which was $79.2 million in the previous year.

This is the highest amount of FDI from India in a single year.  Earlier in 2015, foreign investment from India crossed $100 million for the first time and reached $102.70 million.

Gross inflow of FDI from India was, however, $119.32 million in the past year.

The BB data also showed that around one-sixth of the India FDI was injected to the banking sector. The amount was $21.67 million and followed by textile ($13.85 million) and power ($10.08 million).

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