Under leadership of Chief Minister Vijaybhai Rupani, Gujarat has received Foreign Direct Investment (FDI) of Rs.42976 crore during the financial year 2019-20.
It is more than three and a half times than the investment of Rs.12618 crore received during the financial year 2018-19. And FDI in Gujarat is 20 times than the average FDI growth of the country.
This information has been published in the data released by the Department of Promotion of Industry and International Trade of the Government of India on foreign direct investment obtained by the states.
If you look at the statistics of FDI in the states released by DPIIT, FDI in the entire country has increased by 14% during 2019-20. For the same period, Gujarat’s FDI growth in expanded 20 times higher than the National average.
Karnataka received 34%, and Delhi achieved 11 % increase in FDI. While in Maharashtra, FDI has come down to 3% minus (negative) and in Tamil Nadu to 8% minus (negative).
Once blaming congress for increase in FDI, Modi is supporting it now after he became prime minister of india. People has seen modi’s two sides for Foreign Direct Investment.