FDI inflow in FY'07 Q1 up 47 per cent

Commerce Minister Kamal Nath says Q1 inflows stood at $1.7 bn, up from $1.1 bn during the same period last year.

Foreign direct investment (FDI) inflows into India increased 47 per cent to $1.7 billion in April-June quarter this fiscal, compared to $1.1 billion in the same period last fiscal.

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FDI inflows in June grew 102 per cent to $534 million, as against $264 million in June last year, Commerce Minister Kamal Nath said.

India's export during July increased 41 per cent to $10.2 billion, while total exports in April-July this fiscal rose by 34 per cent to $38 billion, he said.

Imports in July increased 24 per cent to $14.1 billion, while cumulative imports in the first four months of this fiscal rose 29 per cent to $54.5 billion.

Nath said these were provisional figures compared to the year-ago period provisional figures and added that these "will be revised upwards".