India's FDI dips by 22% in 2010

India's FDI dips by 22% in 2010

The country had attracted FDI valued at $27 billion (Rs 130,980 crore) in 2009. According to experts, foreign investors are cautious due to the fragile global economic recovery.

During the April-December period of the current fiscal, FDI declined by 23 per cent to $16.03 billion from $20.86 billion in the same period last year. The main sectors that attracted FDI include services (financial and non-financial), telecommunications, housing and real estate, construction activities and power, the data said.