Services, telecom, housing, construction activities, real estate, electrical equipment and computer software and hardware continued to attract increased Foreign Direct Investment into India. According to India’s Reserve Bank, which is an arm of the government, FDI inflows during April-June 2008 crossed US$ 10.07 billion, 11 percent higher than the same period last year.
For the fiscal year ending March 2009, FDI may cross $40 billion at this rate
Posted on August 29th, 2008 by Gunjan
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. He is author of Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market (Hachette Book Group, July 2008).
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