NEW DELHI: Foreign direct
investment (FDI) in India more than
doubled to USD 4.48 billion in
January, the highest inflow in last 29
months.
In January 2014, the country had
received USD 2.18 billion in FDI. It
was in September 2012 that India
had attracted FDI that was worth
USD 4.67 billion.
During the April-January period of
the current fiscal, the foreign inflows
have grown by 36 per cent, year-on-
year, to USD 25.52 billion, according
to data from Department of
Industrial Policy and Promotion
(DIPP).
The inflows were at USD 18.74
billion during the same period a
year ago.
Amongst the top 10 sectors, telecom
received the maximum FDI of USD
2.83 billion in the 10-month period,
followed by services (USD 2.64
billion), automobiles (USD 2.04
billion), computer software and
hardware (USD 1.30 billion) and
pharmaceuticals (USD 1.25 billion).
During the period (April-January),
India received the maximum FDI
from Mauritius at USD 7.66 billion,
followed by Singapore (USD 5.26
billion), the Netherlands (USD 3.13
billion), Japan (USD 1.61 billion) and
the US (USD 1.58 billion).
In 2013-14, FDI stood at USD 24.29
billion as against USD 22.42 billion a
year earlier.