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FDI inflows up 47% at $1.7bn in Q1FY07

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Press Trust of India New Delhi
Foreign direct investment (FDI) inflows into India increased 47% to $1.7 billion between April-June 2006 when compared with $1.1 billion in the same period last fiscal.

FDI inflows in June grew 102% to $534 million as against $264 million in June 2005, Commerce Minister Kamal Nath said.

Exports during July increased 41% to $10.2 billion dollars while total exports in April-July rose 34% to $38 billion, he said.

Imports in July increased 24% to $14.1 billion, and cumulative imports in the first four months (April-July) rose 29% to $54.5 billion.

 
 

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First Published: Aug 18 2006 | 1:57 PM IST

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