India: Foreign Direct Investment Inflow Is USD3.69 Billion Apr-Dec 2005

Foreign Direct Investment inflow into India increased to US$3.69 billion during the period April to December 2005.

Foreign Direct Investment inflow into India increased to US$3.69 billion during the period April to December 2005. This represents an increase of 45% year-over-year over US$2.55 billion FDI, recorded during the corresponding period of the previous year. The FDI inflow of US$3.69 billion consists of only the equity component. The overall FDI inflow during current fiscal year, including reinvested earnings and other capital, is expected to touch US$7 billion. During the period under review, Mauritius, U.S., U.K., Singapore and Japan, were the major sources of FDI. Electrical equipment including computer software and electronics, services sector, cement and gypsum products, telecommunications and chemicals other than fertilizers were the sectors that attracted the maximum FDI inflow during the period April to December 2005.