Home breadcru News breadcru Association/Org breadcru FDI inflows in Feb hits record high

FDI inflows in Feb hits record high

05 Apr '08
1 min read

Foreign Direct Investment (FDI) equity capital inflow during the year 2007-08 till February 2008 has reached a record level of US $ 20.1 billion. This is the highest FDI into equity in the country during any year.

FDI inflows received in the month of February 2008 are an unprecedented US $ 5.671 billion. The inflows in the month of February have surpassed the inflows received in any single year since 1991 barring last year i.e. 2006-07.

The FDI inflows received in February 2008 is an increase of 712% over that in February 2007. The inflows for April 2006 - February 2007 were US $ 11.88 billion.

The inflows for April 2007-February 2008 at US $ 20.137 billion is thus an increase of about 70% over the corresponding period of last financial year.

Press Information Bureau Government of India

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!