cumulative inflow of foreign direct investment (FDI) from various countries into
the Indian textiles sector during the 10th Plan period (from April 2002 to March
2007) was Rs1,473.23 crore.
the latest information from the commerce ministry''s department of industrial policy
and promotion (DIPP), minister of state for textiles, E V K S Elangovan said this
accounted for 1.24 per cent of the total cumulative inflow of Rs118,562.09 crore
FDI in the country.
minister further informed the house that to take the advantage of the growing
Indian capital market, foreign institutional investors (FIIs) are investing in
the economy. At present, the Indian Capital Market is buoyant with a strong regulatory
framework conducive to attract larger long term FII participation, he added.