Singapore replaces Mauritius as top source of FDI into India

Dollar and Rupee_4C-knHC--621x414@LiveMintSingapore has replaced Mauritius as the top source of foreign direct investment (FDI) into India during the first half of the current fiscal.

During April-September 2015, India has attracted $6.69 billion (Rs 43,096 crore) FDI from Singapore while from Mauritius, it received $3.66 billion (Rs 23,490 crore), according to data from the Department of Industrial Policy and Promotion (DIPP).

Foreign investment from Singapore has more than doubled from $2.41 billion in the year-ago period. Read More

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