FDI Inflows on the rise

Mon Apr 28 2014, 20:52 hrs
Foreign direct investment into the country stood at $2.01 billion in February, up 12.29% year-on-year. It stood at $1.79 billion during the same period a year ago. This is the second consecutive month that the FDI inflow was above $2 billion, given the climate of slowdown in the economy. Thinkstock Photo
Foreign direct investment into the country stood at $2.01 billion in February, up 12.29% year-on-year. It stood at $1.79 billion during the same period a year ago. This is the second consecutive month that the FDI inflow was above $2 billion, given the climate of slowdown in the economy. Thinkstock Photo
According to the data from the Department of Industrial Policy and Promotion, for the April-February period of FY14, FDI inflows dipped 0.6% to $20.76 billion, from $20.89 billion during the corresponding year-ago period. Thinkstock photo
According to the data from the Department of Industrial Policy and Promotion, for the April-February period of FY14, FDI inflows dipped 0.6% to $20.76 billion, from $20.89 billion during the corresponding year-ago period. Thinkstock photo
Sectors which saw the highest FDI include: Services with maximum inflow at $2.18 billion, Automobiles at $1.28 billion, Pharmaceuticals at $1.27 billion. The construction development sector saw an inflow of $1.05 billion. Thinkstock photo
Sectors which saw the highest FDI include: Services with maximum inflow at $2.18 billion, Automobiles at $1.28 billion, Pharmaceuticals at $1.27 billion. The construction development sector saw an inflow of $1.05 billion. Thinkstock photo
Source: Department of 
Industrial Policy and Promotion
Source: Department of Industrial Policy and Promotion
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