FDI inflows rise 40 percent to $2.11 Billion in Sep
Friday, 19 November 2010, 07:08 IST
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New Delhi: Snapping a declining trend in FDI inflows for three successive months, India received foreign direct investment in India worth $2.11 billion in September, an increase of about 40 percent over that in the same month last year, an industry ministry official said. The FDI inflows in September 2009 were $1.51 billion. FDI inflows so far this year is worth $38 billion. The sectors which attracted foreign investment included services, telecommunication, construction activities and computer software and hardware. The maximum investment came from Mauritius, the U.S., the UK, Singapore, the Netherlands and Japan. The government has said that it was considering liberalizing FDI in multi-brand retail and defence sectors. For the April-September period of 2010-11, however, FDI inflows declined by about 28 percent to $11 billion compared to $15.
Source: PTI
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