UN trade report said the prospects for FDI inflows into South Asia
India received foreign direct investments worth $42 billion in 2018, helped by robust inflows in manufacturing, communication and financial services, a United Nations trade report said Wednesday. In South Asia, FDI inflows increased by 3.5% to $54 billion, said the United Nations Conference on Trade and Development (UNCTAD) World Investment Report 2019. So, India attracted over 77% of the total foreign direct investments that came to the South Asian region. "Investment in India – the subregion's largest recipient – rose by 6% to$42 billion with strong inflows in manufacturing, communication, financial services and cross-border merger and acquisition activities," said the report. The UN trade report said the prospects for FDI inflows into South Asia are largely determined by expectations of growing investment into India. In India, the growth in cross-border merger and acquisitions (M&As) grew to $33 billion in 2018 from $23 billion a year ago, primarily due to transact