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FDI INFLOWS UP BY 259% IN SEPTEMBER 2008
Date : 05 Nov 2008
Location : New Delhi
The Foreign Direct Investment (FDI) equity inflows in the month of September, 2008 were US $ 2.56 billion. This represents a growth of 259% over the same month in the previous year (during September, 2007, the FDI equity inflows were US $ 713 million).
The FDI equity inflows during April-September 2008 have been US $ 17.21 billion. This represents a growth of 137% over the previous year (FDI equity inflows during April-September 2007 were US $ 7.25 billion).
The sectors attracting the highest FDI equity inflows during April to August, 2008 have been the services sector (US $ 2.34 billion), construction activities including roads and highways (US $ 1.64 billion), housing and real estate (US $ 1.62 billion) and computer hardware and software (US $ 1.36 billion).
The top investing countries in terms of FDI equity inflows during April to August, 2008 have been Mauritius (US $ 5.27 billion), Singapore (US $ 1.72 billion), USA (US $ 1.15 billlion) and Netherlands (US $ 580 million).
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RJ/MRS
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