Nov FDI inflows up 54.8%

摘要

FDI inflows into India rose 54.8% in November to $1.64 billion compared with $1.06 billion a year ago, a government statement said recently. Total FDI inflows in the' first eight months for the current fiscal year that ends in March were down 2% from a year earlier at $15.46 billion, compared with $15.85 billion during the year-ago period, the statement said. With a struggling economy, that grew at its slowest pace in a decade last fiscal due largely to a lack of corporate investment, India desperately needs to attract foreign investments to regain its momentum.