WHILE FDI inflows into the country increased eight times over the last four years, the major beneficiaries of the accelerated flow have been only two cities — Delhi and Mumbai. In 2007-08, the two cities attracted around 50% of the total FDI booty of $24.5 billion. Other major cities such as Kolkata, Bangalore, Chennai and Ahmedabad together attracted just 17% of the total FDI inflow. Interestingly, between Delhi and Mumbai, the latter has emerged the clear winner in 2007-08 by attracting FDI of $7.6 billion in the first eleven months. Delhi attracted FDI worth $3 billion during the period. Other cities including Bangalore, Chennai, Hyderabad, Ahmedabad and Kolkata recorded small inflows of $1.5 billion, $0.47 billion, $1 billion, $2 billion and $0.38 billion, respectively, during the April-February 2007-08 period. In 2006-07, total FDI inflows were at $15 billion with Mumbai attracting $3.5 billion and Delhi $2.5 billion. Among sectors, the biggest beneficiary in 2007-08 (till February) was services which recorded an FDI inflow of $5.4 billion. This is the first time the sector has topped the chart. In 2006-07 and 2005-06, electrical equipment sector ruled the roost. In 2007-08, electrical equipment slid to the seventh position, attracting just $2 billion of foreign investment. Telecommunication, on the other hand, moved up from the third to the second slot. It received $4.8 billion of FDI in 2007-08. Real estate proved to be one of the most attractive sectors for foreign investors in 2007-08. FDI in real estate witnessed an inflow of $7.1 billion as compared to just $2.2 billion between 2000-2006. In 2007-08, the country received FDI of $24.5 billion as against $15.7 billion in 2006-07, showing a growth of 56%. In 2005-06, the growth was even sharper at 184%, up from $5.5 billion in 2004-05. Mauritius and Singapore are the two biggest investors in the country. The inflows from Singapore have more than doubled to $1.67 billion in 2007-08 as against $ 578 million in the previous year. FDI from Mauritius and Singapore were recorded at $9.4 billion and $6.4 billion respectively in 2007-08. Investments from Japan have grown the fastest — from $55 million in 2006-07 to $761 million in 2007-08. Besides Mauritius and Singapore, the US and UK are the largest source for FDI. In the first 11 months of 07-08, UK invested $1.12 billion and US invested $1.02 billion, respectively.