January 18, 2015 4:32 PM

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FDI inflows in India down by over 6% Y-o-Y in Nov 2014

Foreign Direct investment inflows into the country declined by over 6 per cent, year-on-year, in November 2014, to 1.53 billion dollars. But for the April to November 2014 period, FDI grew by 22 per cent, to 18.9 billion dollars, according to Department of Industrial Policy and Promotion data.The telecom sector received the maximum FDI of 2.47 billion dollars in the first eight months of the current fiscal, followed by services at 1.84 billion, automobile at 1.53 billion and pharmaceuticals at 1.15 billion dollars.The maximum FDI inflow was from Mauritius, at 5.2 billion, followed by Singapore at 3.74 billion, and the Netherlands at 2.42 billion.

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