×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

Economy eager to absorb FDI, says PM

Economy eager to absorb FDI, says PM
Comment E-mail Print Share
First Published: Thu, Apr 14 2011. 02 20 PM IST
Updated: Thu, Apr 14 2011. 02 20 PM IST
New Delhi: India is eager to absorb foreign direct investment, Prime Minister Manmohan Singh said on Thursday in the Chinese town of Sanya in a statement at the Brics Summit, which included China, Brazil, Russia and South Africa.
Singh also said the Indian economy was well positioned to achieve annual long-term growth of 9% or more.
The Prime Minister said the health of the Indian financial and capital markets was sound.
The Indian economy is expected to grow 8.6% in the fiscal year that ended in March.
Comment E-mail Print Share
First Published: Thu, Apr 14 2011. 02 20 PM IST
More Topics: Brics | Manmohan Singh | FDI | Economy | India |