Despite the uncertain economic environment globally, Foreign Direct Investment, FDI, in the country rose by 50 per cent to 20.76 billion US dollars from January-August this year. FDI was 13.85 billion US dollars during the same period last year. The industry ministry's latest data showed services, telecom, housing and real estate; construction and power sectors are among those sectors that attracted maximum FDI during the first eight months this year. Mauritius, Singapore, the US, the UK, the Netherlands, Japan, Germany and the UAE, among other countries, are the major investors in India.FDI inflows into India totaled 19.42 billion US dollars in 2010-11 financial year.
News On AIR | October 28, 2011 4:46 PM
FDI rises by 50% at nearly $20 bn during Jan-Aug