Business Wednesday, December 02, 2009

India got $88 bn foreign investment since 2004

From correspondents in Delhi, India, 06:02 PM IST

India received $88.43 billion (Rs.391,477 crore) as foreign direct investment (FDI) from April 2004 to September this year, Minister of State for Commerce and Industry Jyotiraditya M. Scindia said Wednesday.

'The FDI inflows have shown an increasing trend on year-to-year basis since the financial year 2004-05 until the financial year 2008-09,' Scindia said in a written reply to the Rajya Sabha.

However, FDI inflows during April-September this year stood at $15,272 million (Rs.741,828 million), up from $17,211 million (Rs.731,106 million) in 2008-09, he said .

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