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India gets Rs 14232.42 cr FDI

March 23, 2005 15:05 IST
Source:PTI

India received Rs 14232.42 crore (Rs 142.32 billion) worth of foreign direct investment in the first nine months of the current fiscal as opposed to Rs 12117.36 crore (Rs 121.17 billion) FDI received in the whole of 2003-04 fiscal.

Minister of State for Commerce and Industry E V K S Elangovan informed the Rajya Sabha in a written reply to a question that the highest FDI of Rs 2482.74 crore (Rs 24.83 billion) was received in electrical equipment (including computer software and equipment) manufacturing.

India has since 2000-01 received Rs 73288.08 crore (Rs 732.88 billion) of FDI, the highest being in 2001-02 when it got Rs 19360.82 crore (Rs 193.61 billion) from overseas investment.

In April-December 2004-05, drugs and pharmaceuticals sector got FDI worth Rs 1330.99 crore (Rs 13.31 billion), Rs 1142.64 crore (Rs 11.43 billion) in consultancy services and Rs 808.42 crore (Rs 8.08 billion) in metallurgical industries, he said.

"Top five sectors attracting FDI inflow since 2000-01 are electrical equipments, telecommunications fuel (power and oil refinery), transportation industry and services sectors," he said.
Source: PTI
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