Sunday 23 November 2014

FDI Into India Falls Again In September

Foreign direct investment (FDI) coming to India declined about 16 per cent to $2.45 billion in September, according to latest data from the Department of Industrial Policy and Promotion .

The inflows had declined about 10 per cent to $1.27 billion in August. In September last year, the country had received FDI worth $2.91 billion.

Foreign investments showed a growth of 15 per cent at $14.47 billion during April-September period of this fiscal year, as compared to $12.59 in the corresponding period last year.

Amongst the top 10 sectors, telecom received the maximum FDI of $2.46 billion in the six months, followed by services ($1.22 billion), pharmaceuticals ($1.09 billion) and automobile ($1.03 billion).

During the period, India received maximum FDI from Mauritius at $4.19 billion, followed by Singapore ($2.41 billion), the Netherlands ($1.97 billion), the US ($1.19 billion), Japan ($937 million) and the UK ($842 million).

In 2013-14, FDI inflows were $24.29 billion as against $22.42 billion in 2012-13.




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