FDI rises 40.51 pc in Aug 2009

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FDI rises 40.51 pc in Aug 2009
New Delhi, Oct 13: India received foreign direct investment of $3.26 billion in Aug 2009, a growth of 40.51 pc over the same month in 2008.

The Reserve Bank said in its bulletin that FDI inflows, in Aug 2008, stood at $2.32 billion.

The portfolio investment in Aug 2009 also increased by 56.15 per cent to $926 million, the bulletin said.

The total FDI inflows during Apr-Aug contracted by about 3.41 per cent to $14.14 billion compared to the same period in 2008-09, due to poor accruals in the opening months of the fiscal.

OneIndia News

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