Foreign investment approvals in the first nine months of the year amounted to $6.57 billion, up from $5.3 billion in the corresponding period last year. However, 53 per cent of these approvals were on account of Global Depository Receipts or Foreign Currency Commercial Borrowings.
Also, while actual foreign direct investment (FDI) inflows in the first nine months this fiscal are up by 37 per cent from last year