In a major development poised to transform the industrial and agricultural landscape of Telangana, the state's Industrial Promotion Cabinet Sub-Committee has approved investments worth ₹3,745 crore from three multinational companies, expected to generate direct employment for 1,518 people
Impressively, 67 per cent of this amount (USD 667 billion) was received in the last decade alone (2014-2024). The manufacturing sector has particularly benefited, witnessing a 69 per cent surge in FDI equity inflows, which rose from USD 98 billion during 2004-2014 to USD 165 billion in 2014-
With the increased infrastructure spending by the Union and state governments post 2021-22, the medium-term outlook is positive for FDI inflows, opined India Ratings and Research's in a report on Sunday.