January 4, 2011 7:14 PM

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FDI inflows dip for 2nd consecutive month

The Foreign Direct Investment, FDI inflows to India have dipped for the second consecutive month .It fell by about 7 per cent to 1.6 billion US Dollars in November 2010 over the same period in 2009.In November 2009, FDI stood at 1.72 billion US Dollars. However, the government is making efforts to attract more and more FDI into the country. It is considering liberalising FDI in defence and multi-brand retail sector. The main sectors which attracted foreign direct investment includes financial and non-financial services ,telecommunication, housing and real estate, construction activities and power. Countries including Mauritius, Singapore, the US, UK,Netherlands, Japan, Germany and UAE are the major investors in India.

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