FDI inflows in India cross $20 bn

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April 04, 2008 16:53 IST

India received $20.13 billion as foreign direct investment in April-February 2007-08, up 70 per cent from $11.88 billion that flowed in a year ago.

The $20.13 billion inflow 'is the highest FDI into equity in the country during any year', an official release said on Friday.

FDI inflows in February 2008 grew a whopping 712 per cent over the year-ago period to $5.67 billion, surpassing the inflows received in any single year since 1991 barring 2006-07, it said.
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