May 13 – India’s foreign direct investment in March reached US$2 billion declining by more than half compared to last year’s US$4.4 billion during the same period.
FDI has been hard hit by the global economic crisis although total FDI for 2008-09 is still more than US$27 billion, still a marginal growth compared to US$24.5 billion in 2007-08.
An official told Times of India that though figures have been released up to January, FDI inflows in February had dropped by 73 percent year-on-year to US$1.5 billion.
About Us
India Briefing is one of five regional publications under the Asia Briefing brand. It is supported by Dezan Shira & Associates, a pan-Asia, multi-disciplinary professional services firm that assists foreign investors throughout Asia, including through offices in Delhi, Mumbai, and Bengaluru in India. Dezan Shira & Associates is part of the Ascentium Group, a global business services platform with over 2,900 professionals across 58 cities in 27 markets, strengthening the firm's on-the-ground ability to support clients across Asia and globally.
For a complimentary subscription to India Briefing's content products, please click here. For support with establishing a business in India or for assistance in analyzing and entering markets, please contact the firm at india@dezshira.com or visit our website at www.dezshira.com.
Get the setup decisions right the first time.
Our India corporate team offers a fully integrated establishment solution.
