FDI inflows up 12% at $2 billion in Feb

Press Trust of India Updated - November 24, 2017 at 02:24 PM.

Foreign direct investment into India grew for the second consecutive month in February this year to $2.01 billion, up 12.29 per cent.

In February 2013, the FDI was at $1.79 billion according to the data by the Department of Industrial Policy and Promotion.

However, for the April-February period of last fiscal, FDI inflows dipped 0.6 per cent to $20.76 billion, from $20.89 billion during the first 11 months of 2012-13.

The highest FDI came in services ($2.18 billion), followed by automobiles ($1.28 billion), pharmaceuticals ($1.27 billion) and construction development ($1.05 billion) in the 11 months of 2013-14.

Mauritius led the inflows into India with $4.48 billion, followed by Singapore ($3.91 billion), UK ($3.21 billion) and the Netherlands ($2.20 billion). In January 2014, FDI had increased 1.5 per cent at $2.18 billion.

Published on April 27, 2014 16:46