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India's FDI saw triple growth last fiscal year

Posted: 23 Apr 2007  Print Version  Bookmark and Share Subscribe 

Keywords:India foreign direct investment  India foreign investors  India IBM Nokia 

[Summary of tips] India's FDI increased threefold last fiscal year due to huge investments by overseas investors.According to India's commerce minister Kamal Nath, "FDI in the fiscal year ended March 31 rose to about Rs.70, 400 crore ($16 billion) from Rs. 24, 200 crore ($5.5 billion) in the previous year. These figures do not reflect the billio......
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