October 4, 2009 7:52 PM

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FDI : India crosses hundred billion Dollar milestone

India has crossed the Hundred billion US Dollar milestone in foreign direct investment through equity since 2000, up to July 2009. This has testified the country's increasing profile as a safe and sound investment destination in the midst of the global financial crisis.As much as 44 per cent of the money came through the Mauritius route, apparently because the investors wanted to take advantage of India's double taxation avoidance treaty with the island nation. The other big investors included Singapore, the US, UK and the netherlands.

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