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Which international organisation has released the World Investment Report 2019?
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UNCTAD
According to UNCTAD’s World Investment Report 2019, Foreign Direct Investment (FDI) into India increased by 6% to $42 billion in 2018 with strong inflows in manufacturing, communication, financial services, and cross-border merger and acquisition activities making it the sub region’s largest recipient. As per the report, India has been ranked 10th amongst the top recipients of FDI in 2018. The statement added that India has historically accounted for 70 to 80% of inflows to the sub-region. Further, the growth in cross-border Merger & Acquisitions for India to 33 billion dollars in 2018 was primarily due to transactions worth 16 billion dollars in retail trade, which includes e-commerce, and telecommunication.