Foreign Investments and 'Make in India' Programme

Foreign Investments and 'Make in India' Programme


Ministry of Commerce & Industry has uploaded the status of Make in India Programme, FDI inflow during the period April 2014 to December 2019. For see the detail of Make in India and FDI status read below:

Ministry of Commerce & Industry

Foreign Investments and 'Make in India' Programme

13 MAR 2020

Since the launch of Make in India programme, FDI inflow during the period April 2014 to December 2019 has been USD 335.33 billion which is nearly 51% of cumulative FDI in India since April 2000.  In 2018-19, FDI inflow stood at a record of USD 62 billion, highest ever recorded for a fiscal year ever. The financial year wise FDI Inflow and FDI Equity inflow is placed at Annexure I. The state-wise details of FDI Equity inflow are maintained w.e.f. October, 2019 and placed at Annexure II.

Make in India’ is not a scheme rather an initiative which was launched on September, 2014 with the objective of facilitating investment, fostering innovation, building best class manufacturing infrastructure, making it easy to do business and enhancing skill development. The initiative is further aimed at creating a conducive environment for investment, modern and efficient infrastructure, opening up new sectors for foreign investment and forging a partnership between government and industry through positive mindset.

Make in India initiative has made significant achievements and presently focuses on 27 sectors under Make in India 2.0. The Department for Promotion of Industry and Internal Trade is coordinating action plans for 15 manufacturing sectors, while Department of Commerce is coordinating action plans for 12 service sectors.

At the same time, investment promotion and facilitation activities under the Make in India initiative are being undertaken by several Central Government Ministries/ Departments and various State Governments from time to time. The data about total number of manufacturing units set up is therefore not maintained centrally. Further, Ministries formulate action plans, programmes, schemes and policies for the sectors being dealt by them. This Department does not maintain information on such formulations by the line ministries.

                                                           ANNEXURE I

S. No.
Financial Year
FDI Equity Inflow
(amount in US$ million)
FDI Inflow
(amount in US$ million)
1
2014-15
29,737
45,148
2
2015-16
40,001
55,559
3
2016-17
43,478
60,220
4
2017-18 (P)
44,857
60,974
5
2018-19 (P)
44,366
62,001
6
2019-20 (P) (up to December, 2019)
36,769
51,429

Total
239,208
335,331

Source: Reserve Bank of India & DPIIT



ANNEXURE II


STATEMENT ON STATE-WISE FDI EQUITY INFLOWS FROM OCTOBER 2019 TO DECEMBER 2019

S.No.
State Name
Amount of Foreign Direct Investment Equity Inflows (In US$ Million)
Percentage with Inflows
1
MAHARASHTRA
3133.5
29.34
2
DELHI
2441.44
22.88
3
KARNATAKA
2384.53
22.35
4
GUJARAT
871.53
8.16
5
TAMIL NADU
525.3
4.92
6
HARYANA
447.01
4.19
7
TELANGANA
310.79
2.91
8
RAJASTHAN
157.84
1.48
9
ANDHRA PRADESH
64.6
0.61
10
WEST BENGAL
58.67
0.55
11
GOA
52.93
0.50
12
PUNJAB
45.48
0 43
13
UTTAR PRADESH
37.12
0.35
14
MADHYA PRADESH
30.94
0.29
15
KERALA
29.12
0.27
16
UTTARAKHAND
11.3
0.11
17
HIMACHAL PRADESH
9.97
0.09
18
ASSAM
2.55
0.02
19
CHANDIGARH
2.23
0.02
20
ORISSA
2.03
0.02
21
PONDICHERRY
0.45
0.00
22
JHARKHAND
0.44
0.00
23
BIHAR
0.09
0.00
24
DADRA & NAGAR HAVELI
0
0.00
25
State Not Indicated
53.47
0.50

Grand Total
10673.34
Source: Reserve Bank of India.

This information was given by the Minister of Commerce and Industry, Shri Piyush Goyal, in a written reply in the Rajya Sabha today.

Source: PIB
***

Post a Comment

Previous Post Next Post