October FDI inflows rise 56% to US$2.3bn

by khalid on 09/12/2009 · 0 comments

In October 2009, FDI was at US$2.3bn. The flow of foreign direct investments (FDI) into the country saw a jump of 56% at US$2.3bn in October against the same period last year. In October 2008, FDI was at US$1.5bn.

During April-October 2009-10, FDI stood at US $17.6bn compared to US $18.7bn in the year-ago period.

This shows the Interest of Foreign Investors towards Indian Economy and Markets have shown a good growth over the past 1 year, rising 56%

In September, India’s FDI declined by 54% to US$1.16bn from US$2bn in the corresponding month last year.

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