Southeast Asia: actual problems of development

[Yugo-Vostochnaya Azia: aktualnye problemy razvitiya] ISSN 2072-8271

Articles

Bragina Elena

India – Thailand: Investments in a Neighborly Way

ЮГО-ВОСТОЧНАЯ АЗИЯ: АКТУАЛЬНЫЕ ПРОБЛЕМЫ РАЗВИТИЯ, 2022, №2(55), 163-170

Рубрика: АКТУАЛЬНЫЕ ПРОБЛЕМЫ РАЗВИТИЯ ОТДЕЛЬНЫХ СТРАН

 
Annotation: Foreign direct investment (FDI) is important for India and Thailand. In 2020, India ranked 5th in the world in terms of incoming investments ($81.7 billion), as a global investor it is 18th (Thailand –15th). In 2017-2021, India's annual incoming investments exceeded the volume of outgoing investments by 4-8 times. In the same period in Thailand, the annual volume of outbound FDI exceeded the inflow of incoming by 1,3-2 times. To date, the mutual penetration of investments of India and Thailand does not exceed 0,5% of the annual volume of total direct investments of each of them, but both states are taking measures to increase it, including within the framework of the existing programs «Look East» and «Act East» in India and - «Look West», «Act West» – in Thailand.

Keywords: India, Thailand, foreign direct investment (FDI), industry preferences of investors, prospects for investment cooperation

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