FDI up by 43% in April to $3.12 billion

The country received US$2.17 billion worth of FDI in April, 2010. Mauritius, Singapore, the US, UK, Netherlands, Japan, Germany and the UAE are major investors in India.

In April, maximum investment came from Singapore ($1.17 billion), followed by Mauritius ($976 million), Japan ($235 million), France ($220) and Cyprus ($170 million).

The sectors that attracted maximum FDI were services ($658 million), construction activities ($311 million), power ($256 million), computers and hardware ($96 million), telecommunications ($46 million) and housing and real estate ($38 million). In January, February and March, 2011, foreign investment inflows dipped by 48 per cent ($1.2 billion), 30 per cent ($1.04 billion) and 11 per cent ($1 billion), respectively, vis-a-vis corresponding periods in the previous year.

FDI declined by 25 per cent to US$19.4 billion in 2010-11 from US$25.83 billion in 2009-10, which was also lower than $27.33 billion invested in the previous fiscal.

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