WITH the
slowdown persisting in the OECD countries, the FDI inflows into India has also
tapered off in the past three months. In November, India received only about USD
1.6 bn FDI which is 7% less than during the same month last fiscal. In October
it was about 1.4 bn. The cumulative figure for April - November is only about
USD 14 bn.
It is
learnt that there has been a significant decline in the FDI inflows from even
Mauritius which tops the list of countries accounting for the max share of FDI
inflows into India. Sluggishness has been noticed even in the case of the USA
and Singapore.
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