Foreign Direct Investment into the country grew 12 per cent, year-on-year, to 1.7 billion dollars in July – the highest since April. According to data of the Department of Industrial Policy and Promotion, during the April-July 2013 period, FDI grew 20 per cent, to 7.1 billion dollars.

The sectors that received the largest inflows during the first four months of the current fiscal include services and pharmaceuticals with one billion dollars each.