Economy

FDI declines 22% in 2010

Our Bureau New Delhi | Updated on February 21, 2011 Published on February 21, 2011

An overview of Kolkata with its new high rise residential complexes. (file photo)

India received foreign direct investment (FDI) worth $21 billion (Rs 96,104 crore) in the calendar year 2010, a decline of 22 per cent over the year ago period, as against $27 billion (Rs 13,0,980 crore) in 2009.

During the April-December period of the current fiscal, FDI declined by 23 per cent to $16.03 billion from $20.86 billion in the same period last year.

The main sectors that attracted FDI include services (financial and non-financial), telecommunications, housing and real estate, construction activities and power, the data said.

Countries, including Mauritius, Singapore, the US, UK, Netherlands, Japan, Germany and UAE are the major investors in India.

In 2009-10, India's FDI had declined to $25.88 billion from $27.33 billion in the previous financial year.

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Published on February 21, 2011
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