Number of Foreign companies registered in India and revenue earned

By | December 23, 2017
(Last Updated On: December 23, 2017)
Ministry of Corporate Affairs

96 foreign companies registered in India in 2017-18 with almost Rs 10 crore revenue from them; Govt. carries out many programmes to spread awareness in investors

Posted On: 22 DEC 2017 7:00PM by PIB Delhi

The number of foreign companies registered during each of the last three years and the current year in the country including in the State of Madhya Pradesh along with the amount of revenue earned from these companies, State/UT/Year-wise can be seen with Annexure-I.

The detailed provisions with regard to companies incorporated outside India are laid down in Chapter XXII of the Companies Act, 2013 (Section 379-393) and Companies (Registration of Foreign Companies) Rules, 2014.   Further, section 380 of the Companies Act, 2013 read with such Rules specifies the documents/information etc. required to be filed by a foreign company with Registrar of Companies, New Delhi within 30 days from establishment of its place of business in India.

As per the provisions of Section 125 of the Companies Act, 2013 the IEPF Authority is mandated to promote investor education, awareness and protection. To promote investor awareness the authority has issued advertisements in newspapers, jingles on radio, crawlers on Doordarshan, SMSs on mobile phones. Investor Awareness Programmes are organised through Professional Institutes as well as through the Common Services Centres located in rural areas of the country. A joint campaign in association with Securities and Exchange Board of India, Reserve Bank of India and Department of Consumer Affairs has also been initiated.

This was stated by Shri P.P. Chaudhary, Minister of State for Law & Justice / Corporate Affairs in written reply to a question in Lok Sabha today.

****

ANNEXURE-I

State/UT/Year-wise number of registration of foreign companies during the last three financial years and the current year

Sl. No.State/UT2014-152015-162016-172017-18 (till 30.11.2017)
No. of companies Revenue earned from these companies(in Rs.)No. of companies Revenue earned from these companies(in Rs.)No. of companies Revenue earned from these companies(in Rs.)No. of companies Revenue earned from these companies(in Rs.)
1Andhra Pradesh71400013210000196200011662000
2Bihar1600042000
3Chandigarh168000246000102000150000
4Chattisgarh160004200018000
5Delhi4237608000452536200043271860002127198000
6Goa18000 18000360006000
7Gujarat62064000232100002185400032598000
8Haryana151226400016118920002412564000159552000
9Jharkhand156000546000
10Karnataka1910350000151077000015954000076372000
11Kerala17500001150600018400002570000
12Madhya Pradesh3336000 4860001288000 444000
13Maharashtra4640242000424230600051323880002734854000
14Orissa126000672000330000102000
15Pondicherry24000300002400012000
16Punjab1200014200014200048000
17Rajasthan33240003360000 288000396000
18Tamil Nadu1292940008757800011721800089204000
19Telangana2210000021554000293000041164000
20Uttar Pradesh42514000734260005214200061380000
21Uttarakhand180001156000230000102000
22West Bengal41710000441280001210000022034000
23Grand Total1571206360001491169580001601000680009698454000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Leave a Reply

Your email address will not be published.