THE FDI inflow into India registered a jump of 56 percent in the month of
November, 2011. The cumulative flows of USD 22.83 billion for the April-November
period have crossed USD 19.43 billion which came in the full year last fiscal.
If the trend continues, experts believe that the FDI in the current financial
year may cross USD 30 billion which would have immense positive effect on the
condition of the rupee in the forex market.
The
rupee has seen a decline under selling pressures in the stock market from the
foreign institutional investors and rising trade deficit. The improvement came
as pleasant news after the two months of declining trend. In 2010-11, FDI into
equity had dipped 25 per cent to USD 19.43 billion, from USD 25.6 billion in
2009-10. In 2008-09, FDI stood at USD 27.3 billion.
The key sectors like
Services, construction activities, power, computers and hardware, telecom and
housing and real estate have attracted the maximum FDI inflows.
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