FDI inflow rises by 40 percent in April-June

New Delhi, Aug 20 (IANS) Foreign direct investment (FDI) in India during April-June this year increased by 40 percent at Rs.60,299 crore as against Rs.43,171 crore in the same period of 2014, according to official data.

For the period January-June, the FDI inflow stood at Rs.121,797 crore – a 34 percent increase to Rs.90,876 crore in the same time-period last year.

The inflow, in the first month of the current fiscal, stood at Rs.22,620 crore and then surged to Rs.24,564 crore in May. However, in June, it fell by 47 percent to Rs.13,115 crore.

When adjusted against the dollar, the growth stands at 31 percent for the April-June period and 30 percent for the entire calendar year.

According to data from department of industrial policy and promotion, Singapore accounted for the majority of the investment in these three months at Rs.23,320 crore while Mauritius invested Rs.13,236 crore in the three-month timeframe. Investment from Netherlands stood at Rs.4,123 crore with other seven countries contributing the rest of the investment.

Computer software and hardware received Rs.16,245 crore of FDI – the highest during these three months, while the automobile industry got another Rs.6,914 crore, followed by the trading sector at Rs.5,679 crore and services sector at Rs.4,036 crore.

FDI in telecommunications stood at Rs.2,517 crore while the power industry accounted for Rs.1,717 crore.

Investments in Delhi, parts of Uttar Pradesh and Haryana topped the chart at Rs.19,892 crore with Maharashtra, Dadra and Nagar Haveli and the Daman and Diu region following at Rs.12,538 crore. Karnataka bagged the third spot at Rs.8,447 crore with Tamil Nadu and Pondicherry at Rs. 5,828 crore. The investment in the Andhra Pradesh region hovered at Rs.2,681 crore.

From April 2000 to June 2015, Mauritius was the largest investor for the country at Rs.438,892.83 crore which is nearly 35 percent of the total FDI India received in these years. The inflow from Singapore accounted for Rs. 190,477.19 crore in the running 15-year timeframe which is 14 percent of the total. Britain’s inflows stands third at Rs.110,409.19 crore which is nearly 9 percent of the cumulative FDI in the last 15 years.

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