Foreign direct investment, FDI, in India almost doubled to 2.16 billion dollars in December 2014, compared to 1.10 billion dollars in the same month of 2013. The data by Department of Industrial Policy and Promotion showed that during the April-December period of current fiscal, FDI rose by 27 per cent to 21.04 billion dollars as against 16.56 billion dollars in the same period last fiscal.Amongst the top 10 sectors, telecom received the maximum FDI of 2.67 billion dollars in the nine-month period, followed by services 2.29 billion and automobile 1.58 billion. During the period, India received maximum FDI from Mauritius of 5.89 billion dollars, followed by Singapore 4.31billion, and the Netherlands 2.57 billion.
News On AIR | February 22, 2015 12:58 PM
FDI almost doubled to $2.16 bn in December 2014