India has received $51 billion Foreign Direct Investment (FDI) during the April-February period of last fiscal 2015-16India has record inflows of FDI and has touched the 'highest ever' mark during the period. The FDI numbers indicates that the government has been able to create a suitable climate in which the foreign investors feel confident that interest is protected.
However, Department of Industrial Policy & Promotion (DIPP) Secretary Ramesh Abhishek Abhishek said that ease of doing business is critical for creating a suitable business climate and the government is a making lot of efforts to improve it. He also said that protection of creativity and innovation is important to create a suitable climate in the country for technology to be developed and for technology to come from outside.
In 2011-12, India had attracted FDI worth $46.55 billion. In 2014-15, it was $44.29 billion. This FDI includes equity, re-invested earnings and other capital. The country need growth rate of double digits for the next three decades to improve the quality of life and eliminate poverty but that requires lot of efforts in investment side, IPR side and at other fronts.