Foreign investment inflow touched $4.4 Billion in April-May

Thursday, 30 July 2009, 01:49 Hrs
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New Delhi: Foreign direct investment (FDI) inflow in the first two months this fiscal touched $4.43 billion even as the world was embroiled in a financial crisis, the government said Wednesday.

"Despite the economic slowdown, FDI inflow showed a growth of 11 percent to $27.31 billion in 2008-09 compared to $24.58 billion in the previous fiscal," a government statement said.

"Various studies have shown that India will continue to be one of the most attractive destinations for investment worldwide in the period 2009-11," it added.

Various ministries have shown a keen interest in attractive foreign investment towards various infrastructure projects.
Source: IANS
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