The cumulative amount of foreign direct investment (FDI) flows into India from April 2000 to August 2010 aggregates up to US$ 175.94 billion, according to the latest data released on October 22, 2010 by the Department of Industrial Policy and Promotion (DIPP).
The non-resident Indians (NRIs) among the overseas Indians accounted for US$ 4.68 billion FDI inflows during this period contributing to almost 3.9 per cent of the total FDI inflows into the country.
According to the statement on sector-wise FDI equity inflows, the percentage share of services (including financial and non-financial) stood at 20.86 per cent of the total FDI inflows into the country followed by computer software and hardware sector at 8.67 per cent and telecommunications at 8.38 per cent.
Amount of FDI equity inflows during the first 5 months of the financial year 2010-11 was registered at US$ 8.89 billion. The amount of FDI equity inflows in August 2010 alone stood at US$ 1.33 billion.
Mauritius accounts for 42 per cent of the total FDI equity inflows with cumulative investments during April to August 2010-11 adding upto US$ 2.92 billion. Among the sectors, services (including financial and non-financial) was the most favoured investment destination accounting for the highest FDI equity inflows at US$ 1.26 billion, followed by the telecommunications sector at US$ 1.05 billion.
Share of top 7 investing Countries: FDI equity inflows
(Percentage to total inflows - in terms of US$)
Source: Department of Industrial Policy and Promotion (DIPP)