SOURCE: Industrial Info Resources

September 28, 2007 05:02 ET

Changes to FDI Policy Could Galvanize Indian Economy, an Industrial Info News Alert

JOHANNESBURG, SOUTH AFRICA--(Marketwire - September 28, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas) -- India received $11.4 billion in Foreign Direct Investment (FDI) in the first six months of 2007, representing a 218% increase over the same period in 2006. With changes in FDI policy due from the government in the fourth quarter of 2007, the indications are that funds will be incoming to assist continued vigorous expansion in major industrial sectors, including steel, mining, power and petrochemicals with the priority of creating jobs at the retail level of commerce.

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