Foreign Direct Investment (FDI) equity capital inflow during the year 2007-08 till February 2008 has reached a record level of US $ 20.1 billion. This is the highest FDI into equity in the country during any year.

FDI inflows received in the month of February 2008 are an unprecedented US $ 5.671 billion. The inflows in the month of February have surpassed the inflows received in any single year since 1991 barring last year i.e. 2006-07.

The FDI inflows received in February 2008 is an increase of 712% over that in February 2007. The inflows for April 2006 - February 2007 were US $ 11.88 billion. The inflows for April 2007-February 2008 at US $ 20.137 billion is thus an increase of about 70% over the corresponding period of last financial year.

**********

RJ/MRS

Foreign direct investment inflows reached record equity levels, driven by unprecedented monthly and strong period-on-period growth. Foreign direct investment equity inflows reached a record cumulative level by February 2007-08, driven by an unprecedented monthly inflow in February that produced substantial year-on-year and period-on-period increases, with the April-February 2007-08 period showing roughly a seventy percent rise over the comparable prior period.