Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
News

Home News News and Press Release Month 11 2010 2010 (11) This

FDI inflows rise 40 pc to USD 2.11 billion in Sep

18-11-2010
  • Contents
New Delhi, Nov 18 (PTI) Snapping a declining trend in FDI inflows for three successive months, India received foreign direct investment in India worth USD 2.11 billion in September, an increase of about 40 per cent over that in the same month last year, an industry ministry official said.

The FDI inflows in September 2009 were USD 1.51 billion.

FDI inflows so far this year is worth USD 38 billion.

The sectors which attracted foreign investment included services, telecommunication, construction activities and computer software and hardware.

The maximum investment came from Mauritius, the US, the UK, Singapore, the Netherlands and Japan.

The government has said that it was considering liberalising FDI in multi-brand retail and defence sectors.

For the April-September period of 2010-11, however, FDI inflows declined by about 28 per cent to USD 11 billion compared to USD 15.

Quick Updates:Latest Updates