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of <h1>India's FDI Drops 26% to $15.97B Jan-Sep 2010; Economic Recovery in US, Europe Cited as Cause.</h1> Foreign direct investment (FDI) in India decreased by 26% to USD 15.97 billion from January to September 2010, compared to USD 21.44 billion during the same period in 2009, according to Industry Ministry data. The primary sources of FDI were Mauritius, Singapore, the US, the UK, the Netherlands, Cyprus, Japan, Germany, and France. An expert from the Indian Institute of Foreign Trade attributed this decline to the sluggish economic recovery in major markets such as the US and Europe.
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