Foreign Investment under ‘MAKE IN INDIA’ Programme

By | July 20, 2016
(Last Updated On: July 20, 2016)

Foreign Investment under ‘MAKE IN INDIA’ Programme  

            The `Make in India’ initiative was launched in September, 2014 with the aims of promoting India as an important investment destination and a global hub for manufacturing, design, and innovation. Thereafter, during the period October, 2014 to May, 2016, the FDI equity inflow has increased by 46%, i.e. from US$ 42.31 billion to US$ 61.58 billion in comparison to previous 20 months (February, 2013 to September, 2014). FDI inflow has also increased by 37% from US$ 62.39 billion to US$ 85.75 billion. India has been ranked 3rd in the list of top prospective host economies for 2016-18 in the World Investment Report (WIR) 2016 of UNCTAD.

            To further boost the entire investment environment and to bring in foreign investments in the country, the Government is taking various measures like opening up FDI in many sectors; carrying out FDI related reforms and liberalization and improving ease of doing business in the country. Steps are being taken for development of support infrastructure to facilitate setting up of industries such as transport infrastructure, utility infrastructure etc. The Department of Industrial Policy and Promotion has advised Ministries and State Governments to simplify and rationalize the regulatory environment through business process reengineering and use of information technology.

 

            Company wise classification of the investment based on the programme is not maintained centrally. However, sector-wise details of investment received through Foreign Direct Investment (FDI) equity inflows after launch of `Make in India’ programme in September, 2014, are at Annexure-I.

            Year wise details of the increase in FDI inflow during the last three financial years are as follows:

Sl.No. Financial Year Total FDI inflow (in US$ billion) Growth
1 2013-14 36.05 5%^
2 2014-15 45.15 25%
3 2015-16 55.46  23%

 

All figures are provisional subject to reconciliation with RBI.

^ Compared with figures of Financial Year 2012-13 i.e. US$ 34.30 billion.

This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Rajya Sabha today.***

MJPS/nb 

ANNEXURE-I

 

ANNEXURE REFERRED TO IN REPLY TO PART (c)  OF THE RAJYA SABHA UNSTARRED QUESTION NO. 298 FOR ANSWER ON 20.07.2016.

 

SECTOR-WISE FDI EQUITY INFLOWS FDI EQUITY INFLOWS
FROM OCTOBER 2014 TO MAY 2016

Amount in US$ million

Sl No Sector 2014-15
Oct-14 to Mar-15
2015-16
Apr-Mar
2016-17
Apr-16 to May-16
Total
1 METALLURGICAL INDUSTRIES 162.64 456.31 79.51 698.46
2 MINING 227.53 520.67 0.77 748.98
3 POWER 258.27 868.80 19.01 1,146.08
4 NON-CONVENTIONAL ENERGY 239.50 776.51 126.45 1,142.46
5 PETROLEUM & NATURAL GAS 58.08 103.02 8.23 169.34
6 BOILERS AND STEAM GENERATING PLANTS 0.00 77.91 4.48 82.40
7 PRIME MOVER (OTHER THAN ELECTRICAL GENERATORS) 136.72 159.13 16.60 312.45
8 ELECTRICAL EQUIPMENTS 165.06 444.88 43.14 653.08
9 COMPUTER SOFTWARE & HARDWARE 1,874.19 5,904.36 282.66 8,061.21
10 ELECTRONICS 23.91 208.39 18.07 250.36
11 TELECOMMUNICATIONS 424.05 1,324.40 888.62 2,637.08
12 INFORMATION & BROADCASTING (INCLUDING PRINT MEDIA) 205.22 1,009.34 39.20 1,253.76
13 AUTOMOBILE INDUSTRY 1,689.92 2,526.82 297.42 4,514.17
14 AIR TRANSPORT (INCLUDING AIR FREIGHT) 32.76 361.25 5.65 399.66
15 SEA TRANSPORT 199.38 429.30 9.31 637.98
16 RAILWAY RELATED COMPONENTS 7.99 73.99 0.00 81.98
17 INDUSTRIAL MACHINERY 378.91 568.26 48.03 995.20
18 MACHINE TOOLS 11.89 126.38 12.03 150.30
19 AGRICULTURAL MACHINERY 51.22 16.44 3.38 71.03
20 EARTH-MOVING MACHINERY 17.08 97.66 16.43 131.17
21 MISCELLANEOUS MECHANICAL & ENGINEERING INDUSTRIES 149.51 274.57 23.76 447.84
22 COMMERCIAL, OFFICE & HOUSEHOLD EQUIPMENTS 11.79 36.68 0.12 48.59
23 MEDICAL AND SURGICAL APPLIANCES 52.29 173.26 0.43 225.98
24 INDUSTRIAL INSTRUMENTS 0.85 7.42 0.00 8.27
25 SCIENTIFIC INSTRUMENTS 1.44 6.36 0.19 8.00
26 FERTILIZERS 224.30 20.93 0.08 245.31
27 CHEMICALS (OTHER THAN FERTILIZERS) 348.66 1,469.95 92.34 1,910.95
28 DYE-STUFFS 0.00 3.32 0.00 3.32
29 DRUGS & PHARMACEUTICALS 405.15 754.26 452.86 1,612.26
30 TEXTILES (INCLUDING DYED,PRINTED) 127.27 230.13 9.50 366.90
31 PAPER AND PULP (INCLUDING PAPER PRODUCTS) 112.02 85.21 6.56 203.79
32 SUGAR 26.77 105.85 0.60 133.22
33 FERMENTATION INDUSTRIES 118.00 202.36 28.86 349.21
34 FOOD PROCESSING INDUSTRIES 233.23 505.88 121.19 860.30
35 VEGETABLE OILS AND VANASPATI 111.87 34.22 19.65 165.74
36 SOAPS, COSMETICS & TOILET PREPARATIONS 85.03 193.26 0.77 279.05
37 RUBBER GOODS 162.09 296.15 53.61 511.86
38 LEATHER,LEATHER GOODS AND PICKERS 18.01 17.13 0.00 35.14
39 GLUE AND GELATIN 4.57 0.82 7.08 12.47
40 GLASS 39.70 25.78 0.03 65.51
41 CERAMICS 26.94 51.21 1.22 79.36
42 CEMENT AND GYPSUM PRODUCTS 105.14 19.69 0.10 124.93
43 TIMBER PRODUCTS 7.88 53.17 0.14 61.20
44 DEFENCE INDUSTRIES 0.08 0.10 0.00 0.17
45 CONSULTANCY SERVICES 157.02 517.47 61.89 736.38
46 SERVICES SECTOR (Fin.,Banking,Insurance,Non Fin/Business,Outsourcing,R&D,Courier,Tech. Testing and Analysis, Other) 3,201.67 6,889.46 1,862.19 11,953.32
47 HOSPITAL & DIAGNOSTIC CENTRES 354.74 742.35 74.28 1,171.37
48 EDUCATION 61.27 230.78 19.86 311.91
49 HOTEL & TOURISM 360.07 1,332.69 119.47 1,812.23
50 TRADING 1,751.91 3,845.32 117.71 5,714.94
51 RETAIL TRADING 1.20 262.24 7.94 271.38
52 AGRICULTURE SERVICES 30.53 84.65 1.82 117.00
53 DIAMOND,GOLD ORNAMENTS 254.66 58.54 64.27 377.47
54 TEA AND COFFEE (PROCESSING & WAREHOUSING COFFEE & RUBBER) 1.41 1.12 0.00 2.54
55 PRINTING OF BOOKS (INCLUDING LITHO PRINTING INDUSTRY) 37.97 122.81 4.64 165.42
56 CONSTRUCTION (INFRASTRUCTURE) ACTIVITIES 744.20 4,510.71 196.38 5,451.29
57 CONSTRUCTION DEVELOPMENT: Townships, housing, built-up infrastructure and construction-development projects 189.59 112.55 16.12 318.26
58 MISCELLANEOUS INDUSTRIES 555.97 668.77 60.54 1,285.28
  Grand Total
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