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Mining sector received foreign direct investment (FDI) worth $728.77 million between April 2007 and December last year, the Mines Minister, Mr Dinsha Patel, informed the Lok Sabha today.
FDI inflows were the highest in 2007-08 at $444.26 million, and in the last fiscal, it touched $174.4 million. The inflows were the lowest in 2008-09 at $34.22 million.
The mining sector received $75.9-million FDI till the end of December of the current fiscal, Mr Patel said.
During April-December current fiscal, Bangalore received the highest FDI of $31.75 million, followed by Mumbai at $28.28 million.
The sector was opened for 100 per cent FDI from February 10, 2006. During 2006-07, the country received FDI worth $6.62 million in the mining sector.
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