FDI dips 5.1% to $2.21 b

FDI in April 2009 was US$2.33 billion.

“As per the quick estimates, the foreign fund inflows in the opening month of this fiscal were down by 5.1 per cent,” an official source told PTI. In March, the inflows had contracted by about 38 per cent to US$$1.2 billion. The inflows in the first three months of 2010 were US$4.96 billion, down 20 per cent from US$6.17 billion in the corresponding period last year.