India, March 9 -- FDI flows across the world will witness a sharp decline of 5-15 per cent

Foreign direct investment (FDI) flows across the world will witness a sharp decline of five to 15 per cent because of the global novel coronavirus (COVID-19) outbreak, according to a report. The United Nations Conference on Trade and Development (UNCTAD) - in its assessment published on March 4, 2020 - said the decline would be restricted to five per cent if the outbreak was controlled.

However, the fallout would be much more if the outbreak was not reigned in, according to the report.

The severity of the outbreak in a country would determine the impact on its FDI flows, the report said. FDI inflows would be impacted because of supply chain disru...