FDI inflows plunge by 60% in Aug

The FDI inflows in August 2009 were $3.26 billion.During the first five months of 2010-11, the inflows declined by 35 per cent to $8.88 billion compared to $13.76 billion in the same period last year, the official said.

The overseas investment in June was at $1.38 billion, while that in July was $1.78 billion. The FDI in the first two months of this fiscal, April and May was $2.17 billion and $2.21 billion respectively.