FDI in India shoots up 310%
Reinstating investors’ confidence in the Indian economy, the Foreign Direct Investment (FDI) witnessed the highest monthly inflow in last 11 financial years to a whopping 310 per cent increase in June to $5.65 billion. In June, 2010, FDI inflows into the country amounted to $1.38 billion. FDI flows were also very high in May, 2011, with the country receiving foreign investment worth $4.66 billion, a jump of 111 per cent vis-a-vis the same period last year.
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