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Sept FDI inflows rise 259% to US$2.56bn

This article was posted on Nov 5, 2008 and is filed under Market News

The FDI equity inflows during April-September 2008 have been US$17.21bn. This represents a growth of 137% over the previous year. The Foreign Direct Investment (FDI) equity inflows in the month of September, 2008 were US$2.56bn.This represents a growth of 259% over the same month in the previous year (during September, 2007, the FDI equity inflows were US$713mn).

The FDI equity inflows during April-September 2008 have been US$17.21bn. This represents a growth of 137% over the previous year (FDI equity inflows during April-September 2007 were US$7.25bn).

The sectors attracting the highest FDI equity inflows during April to August, 2008 have been the services sector (US$2.34bn), construction activities including roads and highways (US$1.64bn), housing and real estate (US$1.62bn) and computer hardware and software (US$1.36bn).

The top investing countries in terms of FDI equity inflows during April to August, 2008 have been Mauritius (US$5.27bn), Singapore (US$1.72bn), USA (US$1.15bn) and Netherlands (US$580mn).

source: Indiainfoline

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