50% Fdi Through Green Channel

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A majority of foreign investors have started routing their direct investment into the country through the automatic route, as compared to only 25 per cent an year ago.
During January-April this year, of the total FDI inflows worth $1.36 billion, $678 million came through the FIPB/SIA route, while the remaining $688 million (or over 50 per cent) came through the automatic route (seeking only Reserve Bank
First Published: Aug 07 2002 | 12:00 AM IST