FDI inflows up 259 pc in Sept'08

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New Delhi, Nov 5 (UNI) Notwithstanding global financial crisis leading to liquidity crunch, India received a robust foreign direct investment (FDI) of 2.56 billion dollars in September, a huge surge of 259 per cent over 713 million dollars received in the month a year ago, government said today.

The total FDI inflows in the first half of current fiscal at 17.21 billion dollars was 137 per cent more than 7.25 billion dollars the country got during April-September 2007, Commerce Ministry said.

Services sector topped with receipt of 2.34 billion dollars of FDI equity during April-August billion, followed by construction, including roads and highways, 1.64 billion dollars, housing and real estate 1.62 billion dollars and computer hardware and software 1.36 billion dollars, the Ministry said in a statement.

Mauritius topped the list of remitting countries with 5.27 billion dollars, followed by Singapore 1.72 billion dollars, United States 1.15 billlion dollars and Netherlands 580 million dollars, the statement added.


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