FDI inflows increases 8% YoY to USD 24.3 bn in FY 13-14
Updated: May 22, 2014 04:01:34pm
New Delhi, May 22 (KNN) The foreign direct investment (FDI) into India grew 8 per cent year-on-year to USD 24.3 billion in 2013-14, according to the Department of Industrial Policy and Promotion (DIPP) data.
In 2012-13, FDI totalled USD 22.4 billion.
Foreign investment inflows more than doubled to USD 3.53 billion in March this year from USD 1.52 in the same month last year.
The highest FDI came in services (USD 2.22 billion), followed by automobiles (USD 1.51 billion), telecommunications (USD 1.3 billion), pharmaceuticals (USD 1.27 billion), construction development (USD 1.22 billion), metallurgical industries (USD 0.56 billion), and hotel and tourism (USD 0.48 billion) in 2013-14.
The highest FDI inflows into India were from Singapore with USD 5.98 billion, followed by Mauritius (USD 4.85 billion), the UK (USD 3.21 billion) and the Netherlands (USD 2.27 billion).
According to the RBI’s monthly bulletin, the total FDI inflows into India, which includes equity inflows, re-invested earnings and other capital was USD 36.39 billion from April 2013 to March 2014.
The cumulative amount of FDI inflows from April 2000 to March 2014, which includes equity inflows, re-invested earnings, and other capital was 323 billion, according to DIPP data. (KNN Bureau)
In 2012-13, FDI totalled USD 22.4 billion.
Foreign investment inflows more than doubled to USD 3.53 billion in March this year from USD 1.52 in the same month last year.
The highest FDI came in services (USD 2.22 billion), followed by automobiles (USD 1.51 billion), telecommunications (USD 1.3 billion), pharmaceuticals (USD 1.27 billion), construction development (USD 1.22 billion), metallurgical industries (USD 0.56 billion), and hotel and tourism (USD 0.48 billion) in 2013-14.
The highest FDI inflows into India were from Singapore with USD 5.98 billion, followed by Mauritius (USD 4.85 billion), the UK (USD 3.21 billion) and the Netherlands (USD 2.27 billion).
According to the RBI’s monthly bulletin, the total FDI inflows into India, which includes equity inflows, re-invested earnings and other capital was USD 36.39 billion from April 2013 to March 2014.
The cumulative amount of FDI inflows from April 2000 to March 2014, which includes equity inflows, re-invested earnings, and other capital was 323 billion, according to DIPP data. (KNN Bureau)
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