Foreign direct investment crosses $19 bn this fiscal
December 24th, 2009 - 4:59 pm ICT by IANSNew Delhi, Dec 24 (IANS) Foreign funds inflow into India touched $19.38 billion during the first eight months of this fiscal ending November, Commerce Minister Anand Sharma said here Thursday.
Foreign direct investment (FDI) in November stood at $1.74 billion, an increase of over 60 percent from the $1.08 billion the country received in the corresponding month last year.
“India’s share of world FDI has jumped from 0.78 percent in 2005 to 2.45 percent in 2008,” said Sharma.
The 2009 survey of the Japan Bank for International Cooperation, conducted among Japanese investors, continues to rank India as the second-most promising country for overseas business operations after China, said a statement issued by the commerce ministry.
- FDI inflow up 13 percent in December - Feb 11, 2010
- FDI inflow to India more than double at $4.66 bn in May - Jul 04, 2011
- 'National manufacturing policy to be rolled out in January' - Dec 23, 2010
- India eases joint venture norms to draw foreign funds (Lead) - Mar 31, 2011
- Sensex edges lower for the second day in choppy trade (Roundup) - Feb 23, 2012
- Anand Sharma releases first draft consolidation of FDI Policy/ FDI Framework - Dec 24, 2009
- India seeks Mauritius investment in key sectors - Feb 07, 2012
- Exports will see turnaround in last quarter: Anand Sharma - Nov 04, 2009
- Sensex continues with upswing, 120 points higher at noon - Jan 20, 2012
- China's November FDI down to 9.76 percent - Dec 15, 2011
- Mauritius invites Indian investments - Feb 08, 2012
- India's exports rise 34.8 percent in February - Mar 31, 2010
- June logs second-highest monthly FDI inflows at $5.6 bn - Aug 08, 2011
- Foreign investment in pharma to face competition check - Oct 11, 2011
- Rupee climbs to 3-month high of 48.68 against dollar - Feb 03, 2012
Tags: anand sharma, business operations, china, commerce minister, commerce ministry, dec 24, eight months, fdi, foreign direct investment, India, inflow, japan bank for international cooperation, japanese investors, New Delhi, overseas business