Foreign direct investment (FDI) into India snapped a three-month fall and rose 55 per cent in January, an industry ministry official, who declined to be named, said on Tuesday
FDI inflows between April and January grew 65 per cent to $23.9 billion, he said. India has an FDI target of over $35 billion in the year to March 31. Inflows in January rose to $2.74 billion, the official said. In January 2008 FDI inflows stood at $1.77 billion, according to data available on the ministry's website. FDI into India fell in October through December from the corresponding months in the earlier year, the data shows. The global financial crisis has dented global FDI flows, and the United Nations in January had said 2009 would see further declines from the 21 per cent drop in the previous year, hitting developing countries like India. B.Karthick Research Analyst WWW.KENCES1.BLOGSPOT.COM <http://www.kences1.blogspot.com/> --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
