Foreign direct investment into India increased by about 16 per cent year-on-year to $1.44 billion in June, which is the lowest figure during the calender year.
In June 2012, the country had received FDI worth $1.24 billion.
During April-June period of the fiscal, foreign direct investment into the country grew by 22 per cent to $5.39 billion from $4.42 billion during the same period of previous year, a senior official in Department of Industrial Policy and Promotion told PTI.
The sectors that received large FDI inflows during the first quarter of the fiscal include pharmaceuticals ($1 billion), services ($945 million), automobile industry ($ 515 million) and computer software and hardware ($171 million), the official said.
The maximum FDI during the quarter came from Singapore ($1.85 billion), followed by Mauritius ($1.09 billion), Germany ($510 million), the Netherlands ($408 million) and the US ($315 million).
The government has liberalised FDI policy in as many as 12 sectors which include telecom, tea and petroleum and natural gas.
FDI inflows in 2012-13 aggregated $22.42 billion, a decline from $36.50 billion in 2011-12.
India is estimated to require about $1 trillion between 2012-13 to 2016-17 to fund infrastructure such as ports, airports and highways to boost growth.
An increase in FDI will help support the rupee, which depreciated to a record low of 64.43 against the US dollar intra-day before recovering marginally on Wednesday.