Millennium Post

FDI jumps 25% to 6-month high of $2.32 billion in April

Foreign direct investment (FDI) into India increased 25 per cent year-on-year to $2.32 billion in April, the highest level in the past six months.

In April 2012, the country had received FDI worth $1.85 billion, according to data from the Department of Industrial Policy and Promotion (DIPP).
In September, 2012, foreign inflows were $4.67 billion. The sectors that received large FDI inflows during the month include hotel and tourism ($2.32 billion), pharmaceuticals ($987 million), services ($238 million), chemicals ($51 million) and construction ($32 million), according to the data.

The most FDI in April came from Singapore ($ 1.29 billion), followed by Mauritius ($355 million), the Netherlands ($173 million) and the US ($149 million). FDI inflows in 2012-13 aggregated $22.42 billion, a decline from $36.50 billion in 2011-12.
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