NEW DELHI (Commodity Online): Even in the midst of global economic slowdown, foreign direct investments in India has climbed 50% to a whopping $ 20.76 billion during the first eight months of 2011, according to the data available from the Industry Ministry.
Earlier, government had relaxed the FDI rules allowing overseas investments in the country. The major sectors which attracted maximum FDI are tele-com, housing and real estate, construction and power.
The government had also eased the rules for FDI in construction of old age homes and educational institutions and these are not applicable to any lock in period norms.
In 2010-11, the FDI inflow was $19.42 billion.
The major investors are Mauritius, Singapore, the US, the UK, the Netherlands, Japan, Germany and the UAE.
