Telecom tower (Photo by W Rorrkychand Sing/

Telecom Sector Tops FDI With $2.83 Billion

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Foreign direct investment (FDI) in India more than doubled to $4.48 billion in January, the highest inflow in last 29 months.

In January, the country had received $2.18 billion in FDI. It was in September 2012 that India had attracted FDI that was worth $4.67 billion.

During the April-January period of the current fiscal, the foreign inflows have grown by 36 per cent, year-on-year, to $25.52 billion, according to data from Department of Industrial Policy and Promotion (DIPP). Click here to read the full post

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Wahengbam Rorrkychand

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