India's exports grew 23.83 per cent year-on-year in February to $9.70 billion, while imports were up at 30.10 per cent to $14.36 billion, government data showed on Monday.
Kamat was a Member of Parliament for the Mumbai North West constituency in 2009 and the Mumbai North East constituency in 1984, 1991, 1998 and 2004.
This FDI includes equity, re-invested earnings and other capital.
Attempting to woo IT firms into the state with an "investor friendly" image, Madhya Pradesh Chief Minister Uma Bharti is leading a delegation to Bangalore on Tuesday to showcase her state for potential investors.
Worried over excessive outflow of foreign exchange as royalty and fees for technology transfer and use of brand names, Commerce and Industry Minister Anand Sharma wrote to Finance Minister P Chidambram on the matter.
Masters Programme in Business Economics.
The country has received investments worth $1.6 billion in the first four months of the current fiscal.
The 'Make in India' vision cannot survive in the long-term without concrete measures to build a concurrent 'Create in India' movement.