The FICCI analysis shows that while foreign investment inflow from Thailand actually came down from Rs.23.3 crore in 2005 to Rs.12.9 crore in 2008, inflow from Indonesia rose from Rs.4.2 crore to Rs.24.5 crore.

Inflows from Myanmar, which invested a measly Rs.23 lakh between August 1991 and December 2005, raised its stakes sharply in India with inflows shooting up to a whopping Rs.34.7 crore in 2008.

Inflows from the Philippines actually dropped from Rs.4.2 crore in 2005 to Rs.70 lakh in 2008. There was no investment from Vietnam, Laos, Cambodia and Brunei in these two years.

During this period, the services sector accounted for about 30 percent of inflows from ASEAN - the highest.