December 19, 2007	Wednesday	Zilhaj 8, 1428

NEW DELHI, Dec 18: Foreign investment in India jumped 65 per cent in the first half of the fiscal year that began in April compared with a year earlier, the country’s commerce minister said on Tuesday.

Commerce Minister Kamal Nath said India saw $7.2 billion in inflows, retaining its place as the second most attractive foreign investment destination after China, according to a Press Trust of India agency report.

“FDI inflows continue with great momentum,” said Nath.

India received a total of $15.7 billion in foreign investment in 2006-2007, more than a 100 per cent increase from a year earlier.

India’s services sector, dominated by the call centre business, saw the biggest investment followed by telecom services and real estate, the report said.

—AFP