Mauritius once again emerging as largest FDI source

Mauritius is again emerging as the largest source of foreign direct investment (FDI) in India, accounting for an inflow of $4.19 billion in the April-September period.

According to official data, the inflow of foreign investment from Singapore amounted to $2.41 billion, followed by the Netherlands at $1.95 billion and USA ($1.19 billion) during the six month period.

Investments from United Kingdom was $842 million till September.

In 2013-14, Singapore had pipped Mauritius as the largest source of FDI in India, accounting for about 25 per cent of total FDI inflows in the fiscal. During the last financial year, India attracted $5.98 billion in FDI from Singapore, whereas it was $4.85 billion from Mauritius. The third country from where FDI inflow was high was United Kingdom at $3.21 billion, followed by the Netherlands at $2.27 billion.