Bernama.com, 6 Nov 2009
Singapore has emerged the second largest investor in the Indian economy, contributing about nine per cent of the total foreign direct investment (FDI) into the country.
India received a total of US$35.16 billion (RM123 billion) from April 2008 through March 2009, with Singapore investing about US$3.4 billion (RM11.9 billion).
Most of Singapore's investments were in the telecommunication, services, electrical equipment, power generation, oil refinery and transportation sectors.
Full Story
