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New Delhi, Nov 18 (PTI) Snapping a declining trend in FDI inflows for three successive months, India received foreign direct investment in India worth USD 2.11 billion in September, an increase of about 40 per cent over that in the same month last year, an industry ministry official said.
The FDI inflows in September 2009 were USD 1.51 billion.
FDI inflows so far this year is worth USD 38 billion.
The sectors which attracted foreign investment included services, telecommunication, construction activities and computer software and hardware.
The maximum investment came from Mauritius, the US, the UK, Singapore, the Netherlands and Japan.
The government has said that it was considering liberalising FDI in multi-brand retail and defence sectors.
For the April-September period of 2010-11, however, FDI inflows declined by about 28 per cent to USD 11 billion compared to USD 15. Foreign direct investment rebounds, led by services and telecom, as government weighs liberalising retail and defence. A reversal in recent capital flow trends occurred as foreign direct investment into India increased substantially in September versus the prior year, led by services, telecommunications, construction activities and computer software and hardware, with major investor jurisdictions concentrated among a handful of countries. The government indicated it was considering liberalising FDI entry conditions in multi brand retail and the defence sector, while aggregate reporting contrasted monthly growth with slower year to date cumulative movement.
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Foreign direct investment rebounds, led by services and telecom, as government weighs liberalising retail and defence.
A reversal in recent capital flow trends occurred as foreign direct investment into India increased substantially in September versus the prior year, led by services, telecommunications, construction activities and computer software and hardware, with major investor jurisdictions concentrated among a handful of countries. The government indicated it was considering liberalising FDI entry conditions in multi brand retail and the defence sector, while aggregate reporting contrasted monthly growth with slower year to date cumulative movement.
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