In 2023, India's global ranking in terms of foreign direct investment (FDI) dropped to which position?

A)
12th
B)
15th
C)
17th
D)
20th

Correct Answer :   15th


According to UNCTAD's World Investment Report, India's ranking among global FDI recipients fell to 15th in 2023, marking a significant decline from its previous rank due to a 43% decrease in FDI inflows compared to 2022.

This drop reflects broader global trends of cautious multinational investments amid economic uncertainties and geopolitical tensions impacting investment flows worldwide.

Published On : June 24, 2024