FDI inflows increased 50% to USD 20.76bn during January-August.

By bne IntelliNews November 1, 2011
India's Foreign Direct Investment (FDI) inflows increased 50% to USD 20.76bn during the first eight months of this year, as compared to USD 13.85bn posted during the same period last year. As reported by The Press Trust of India Limited, the sectors that contributed the maximum to FDI inflows during the period include services (financial and non- financial), telecom, housing and real estate, construction and power. The major investors during the period were Mauritius, Singapore, the US, the UK, the Netherlands, Japan, Germany and the UAE, among other countries. The government further liberalised the FDI regime recently, allowing overseas investment in bee-keeping and share-pledging for increasing external debt. The government has been advised to restructure policies and make the environment more favourable to FDI.

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