Foreign investment inflows increase 259 percent in September

November 5th, 2008 - 2:32 pm ICT by IANS  

New Delhi, Nov 5 (IANS) 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.

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