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FDI inflows into India double in May from year ago
NEW DELHI : Foreign direct investment (FDI) flows into India in May more than doubled to about $4.7 billion from the s
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NEW DELHI: Foreign direct investment (FDI) flows into India in May more than doubled to about $4.7 billion from the same period a year ago, a government statement said on Monday.
FDI flows into India during the April-May period were up an annual 77 percent at about $7.8 billion, the statement said.
In 2010/11, India received 25 percent less foreign direct investment than the previous year.
Copyright Reuters, 2011
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