Mumbai: Foreign direct investment (FDI) inflows into the country rose 47 per cent to $1.7 billion in the first quarter (April-June) of the current financial year 2006-07, compared to $1.1 billion in the same period of the previous fiscal.

Foreign investment flows in June grew 102 per cent to $534 million, compared to $264 million in June last year, commerce minister Kamal Nath said.

He said, exports from the country increased 41 per cent during July this year to $10.2 billion, while total exports for the April-July period rose 34 per cent to $38 billion.

Imports were up 24 per cent in July this year at $14.1 billion while total imports for April-July period rose 29 per cent to $54.5 billion, he added.

He said the estimates are based on provisional figures and will be revised later.