S’pore topples Mauritius as India’s top FDI source

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Foreign direct investment (FDI) inflows from Singapore were twice that from Mauritius during the last financial year as companies opted to route funds into the country via the southeast Asian city-state, instead of the island nation, the otherwise most preferred route for overseas flows so far. In 2018-19, inflows from Singapore were estimated at $16.2 billion, compared with $8.1 billion from Mauritius, data reveals.



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