FDI inflows grow 16% to $1.44B in June

Foreign direct investment inflows into India rose an annual 16 per cent in June to $1.44 billion, a government statement said on Wednesday, the lowest monthly inflow so far in 2013.

For the three months to June, FDI inflows were up 22 percent from a year earlier to $5.4 billion, the Ministry of Commerce and Industry said in the statement.

FDI inflows had declined to $22.42 billion in the fiscal year ended March 2013, from $35.12 billion in the previous year.

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