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FDI Inflows Double In May To $4.7 Bn

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Foreign direct investment (FDI) inflows into India in May more than doubled to about $4.7 billion from the same period a year ago, a government statement said on Monday.

FDI inflows into India during the April-May period were up an annual 77 per cent at about $7.8 billion, the statement said.

In 2010-11, India received 25 per cent less foreign direct investment than the previous year.

(Reuters)


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