Foreign Direct Investment into India Grew to 5.65 Billion US Dollar in June 2011

Aug 9, 2011, 16:21 IST

Economy Current Affairs 2011. Foreign Direct Investment into India grew 310 per cent to 5.65 billion US dollar in June 2011 as per the government data released on 8 August 2011

Foreign Direct Investment into India grew 310 per cent to 5.65 billion US dollar in June 2011 as per the government data released on 8 August 2011. The increase is highest in the past 11 years and it indicates revival of investor confidence in the Indian economy. FDI inflows in India in June 2010 amounted to 1.38 billion dollars only. In the April-June quarter of the current fiscal, the FDI went up by a massive 133 per cent to 13.44 billion dollars.

In the last financial year 2010-11, FDI inflow into India had declined to 19.43 billion US dollars. But the inflows have maintained a positive outlook so far in the financial year 2011-12, according to the data.

Jagran Josh
Jagran Josh

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