New Delhi: Foreign Direct Investment (FDI) into India saw a whopping 310 per cent increase in June to USD 5.65 billion, the highest monthly inflow in the last 11 financial years, indicating the revival of investor confidence in the Indian economy.

In June, 2010, FDI inflows into the country amounted to USD 1.38 billion.

FDI flows were also very high in May, 2011, with the country receiving foreign investment worth USD 4.66 billion, a jump of 111 per cent vis-a-vis the same period last year.

In the April-June period of the current fiscal, FDI went up by a massive 133 per cent to USD 13.44 billion from USD 5.77 billion in the corresponding period last year.

"The figures indicate that the trend of high FDI equity inflows since the beginning of the present financial year is being maintained," a statement from the Commerce and Industry Ministry said on Monday.

During the first six months of the 2011 calendar year, FDI increased by 57 per cent year-on-year to USD 16.83 billion, it said.

In the previous fiscal, equity inflows through the FDI route dipped 25 per cent amid the uncertain global situation following the recession of 2008.

In 2010-11, FDI into India declined to USD 19.43 billion from USD 25.6 billion in 2009-10. In 2008-09, FDI stood at USD 27.3 billion.

(Agencies)