A new article by Dezan Shira & Associates discusses a new report on Foreign Direct Investment (FDI) in India. India is showing a sharp increase in April over the prior year for new investment. An excerpt from the article:

Indian foreign direct investment in April grew at a rate of 43 percent year-on-year, up from US$2.17 billion in 2010 to US$3.12 billion this year.

The statistics show a global economic recovery, particularly in European regions. Mauritius, Singapore, the United States, United Kingdom, Netherlands, Japan, Germany and the United Arab Emirates were the major investors in India.

In particular, the highest investments for the month came from Singapore (US$1.17 billion), followed by Mauritius (US$976 million), Japan (US$235 million), France (US$220) and Cyprus (US$170 million).

India’s services sector was the leading sector in terms of FDI with the overall monthly statistics as follows:

Services (US$658 million)
Construction activities (US$311 million)
Power (US$256 million)
Computers and hardware (US$96 million)
Telecommunications (US$46 million)
Housing and real estate ($38 million)

It's no surprise that services is the top category for FDI, but it's interesting that construction and power generation are also a focus. This represents a prime area for FDI in India as the country works to upgrade its infrastructure.

Continue reading India Sees FDI Increase 43 Percent in April at India-Briefing.com.