India aims to attract 50 billion dollars FDI annually from 2012.

• Union Commerce and Industry Minister Anand Sharma on Tuesday said that the country would be able to attract 50 billion dollars Foreign Direct Investment (FDI) annually from 2012.
• "India is a big country, it can absorb that and let us not forget that the projections of the next one decade for Indian infrastructure alone, is absorbing investments of one and a half trillion dollars. So, what I have said are very conservative numbers," he added.
• Between April and September, the first half of the 2009/10 fiscal year, FDI was in excess of 15 billion dollars and portfolio investments were almost the same.