New Delhi: India received a record $ 4.28 billion Foreign Direct Investment (FDI) in 2001, a 48 per cent growth in net inflows, with Delhi topping among states attracting FDI.

Positive trend in FDI into India has come even as global FDI inflows has observed a 40 per cent decline during 2001.

Net FDI inflows during the period January-December 2001 into India amounted to $ 3.57 billion, which is 47.08 per cent higher than that received during the previous year, as per data compiled by the Department of Industrial Policy and Promotion (DIPP).

Cumulative FDI approved by the government since 1991 is $ 74.29 billion, of which FDI inflows were $ 27.98 billion accounting for an average realisation rate of around 40 per cent.

Delhi attracted highest FDI inflows of $ 1.5 billion during 2001, accounting for 53.72 per cent share of total FDI inflows. Maharashtra was a distant second with $ 664.8 million, a share of 23.23 per cent.

The other three states, which figured in the top five states, were Karnataka, Tamil Nadu and Andhra Pradesh.

Among sectors, telecommunications attracted highest FDI inflows of $ 939.4 million, accounting for a share of 32.82 per cent, followed by electrical equipment including computer software with inflow of $ 416.8 million, accounting for a share of 14.56 per cent.

While Mauritius retained its position as the top investing country with $ 1.6 billion investment, accounting for nearly 57 per cent share, US and Japan were seeded second and third with share of 11.28 and 7.38 per cent respectively.

PTI