FOREIGN INVESTMENT INFLOWS INCREASE 259 PER CENT IN SEPTEMBER

New Delhi
The Economic Times

Foreign direct investment (FDI) in India increased 259 percent in September to $2.56 billion, compared to the same month last year, with Mauritius being the largest investor.

FDI for the same month last year stood at $713 million.

The FDI inflows during April-September stood at $17.21 billion, a growth of 137 percent over $7.25 billion witnessed in the same period last year, an official statement said.

The services sector attracted the highest foreign investment at $2.34 billion.

Construction activities including roads and highways attracted $1.64 billion, followed by housing and real estate at $1.62 billion, and computer hardware and software at $1.36 billion.

The top investing countries in terms of FDI during April to August have been Mauritius having invested $5.27 billion, Singapore at $1.72 billion, the US at $1.15 billion and the Netherlands at $580 million.