India’s FDI equity inflows at record high of $ 20.1 billion
The Foreign Direct Investment (FDI) equity capital inflow during the first 11 months of 2007-08, has reached a record level of $ 20.1 billion, which is the highest FDI into equity in the country during any year.
The FDI inflows received in February 2008 grew a whopping 712% over the year-ago period to $5.67 billion, exceeding the inflows received in any single year since 1991, the exception being 2006-07.
The inflows during April 2007-February 2008 were $20.13 billion, an increase of 70 per cent as against the same period last year when the FDI inflows were recorded to be $11.88 billion.
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