FDI declines by 17pc in Q1

Posted at November 11, 2014 | By : | Categories : Latest News

Foreign Direct Investment (FDI) has declined by 17 percent during the first quarter of the current fiscal year ((July-September 2014-15) as compared to the corresponding period of last fiscal year.

The FDI from United States declined to $ 53.7 million to July-Sept 2014-15 from 92.6 million in July-Sept 2013-14 and inflows United Arab Emirates (UAE) decreased to $26.8 million from 47.8 million.

The FDI inflows from italy dipped to $20.1 million during the first quarter of the current fiscal year from $ 32.2 million for the same period of last fiscal year and from France to $ 17.7 million from $ 17.8 million.