Invest India was formed in 2009 under Section 25 of the Companies Act 1956 for promotion of foreign investment with 49% equity of the then Department of Industrial Policy and Promotion, Ministry of Commerce and Industry and 51% shareholding by FICCI. The current shareholding pattern of Invest India is 51 % of Industry Associations (i.e. 17% each of FICCI, CII & NASSCOM) and the remaining 49% of Central and 19 State Governments.
As reported by Invest India, it is currently working with 1003 companies, with an indicated investment worth USD 137 Billion and indicated employment of 1,981,147 extending end-to-end facilitation support. Out of these, investments worth USD 23 Billion and 138,083 employment have been realized during September 2014 till date. Invest India has responded to 190,431 business requests during the period from September 2014 till date and is actively working with several Indian States to build capacity and strengthen existing Investment Promotion Agencies as well as bring in global best practices in investment targeting, promotion and facilitation areas.
The projects which are being handled by Invest India, inter-alia, include the following:
The efforts of Invest India and measures taken by the Government on FDI policy liberalization along with improvement in ease of doing business climate have resulted in unprecedented growth of total FDI inflows. India has recorded USD 64.38 billion FDI inflow in the year 2018-19 which is an increase of 78.6% over financial year 2013-14 when total FDI inflow was USD 36.05 billion.
Department for Promotion of Industry and Internal Trade conducts regular review of the performance of Invest India. Further, the Board of Directors, under chairmanship of Secretary, Department for Promotion of Industry and Internal Trade, including nominees from Government of India, FICCI, CII and NASSCOM manages and oversee the overall operations, direction and strategy of the company. Regular meetings of the Board of Directors are held to monitor the operational and overall performance of Invest India.
The Books of Accounts of the company are examined and audited by Statutory Auditors appointed in each Annual General meeting by the Board of Directors and Shareholders as per the Company Act. In addition, audits are also conducted by the Government. No financial irregularity has been detected.
The sector-wise and financial year wise details of FDI equity inflow reported since April, 2014 to March 2019 are given below:
STATEMENT ON FINANCIAL YEAR WISE FDI EQUITY INFLOWS
FROM APRIL 2014 TO MARCH 2019
S. No. |
Sector |
2014-15 |
2015-16 |
2016-17 |
2017-18 |
2018-19 |
Total |
|
|
FDI |
FDI |
FDI |
FDI |
FDI |
|
1 |
METALLURGICAL INDUSTRIES |
359.34 |
456.31 |
1,440.18 |
371.76 |
598.84 |
3,226.43 |
2 |
MINING |
684.39 |
520.67 |
55.75 |
36.41 |
223.58 |
1,520.81 |
3 |
POWER |
707.04 |
868.80 |
1,112.98 |
1,621.00 |
1,105.64 |
5,415.47 |
4 |
NON-CONVENTIONAL ENERGY |
615.95 |
776.51 |
783.57 |
1,204.46 |
1,446.16 |
4,826.66 |
5 |
PETROLEUM & NATURAL GAS |
1,079.02 |
103.02 |
180.40 |
24.18 |
138.43 |
1,525.06 |
6 |
BOILERS AND STEAM GENERATING PLANTS |
1.33 |
77.91 |
53.91 |
68.13 |
0.01 |
201.29 |
7 |
PRIME MOVER (OTHER THAN ELECTRICAL GENERATORS) |
230.70 |
159.13 |
286.88 |
159.06 |
244.92 |
1,080.68 |
8 |
ELECTRICAL EQUIPMENTS |
574.83 |
444.88 |
2,230.69 |
488.72 |
976.50 |
4,715.63 |
9 |
COMPUTER SOFTWARE & HARDWARE |
2,296.04 |
5,904.36 |
3,651.71 |
6,153.20 |
6,415.21 |
24,420.52 |
10 |
ELECTRONICS |
96.84 |
208.39 |
83.97 |
196.87 |
451.88 |
1,037.95 |
11 |
TELECOMMUNICATIONS |
2,894.94 |
1,324.40 |
5,563.69 |
6,211.84 |
2,667.91 |
18,662.78 |
12 |
INFORMATION & BROADCASTING (INCLUDING PRINT MEDIA) |
254.96 |
1,009.34 |
1,516.68 |
638.67 |
1,252.36 |
4,672.01 |
13 |
AUTOMOBILE INDUSTRY |
2,725.64 |
2,526.82 |
1,609.32 |
2,089.53 |
2,623.22 |
11,574.52 |
14 |
AIR TRANSPORT (INCLUDING AIR FREIGHT) |
74.56 |
361.25 |
83.40 |
628.53 |
190.64 |
1,338.37 |
15 |
SEA TRANSPORT |
333.22 |
429.30 |
735.06 |
1,051.49 |
279.25 |
2,828.31 |
16 |
PORTS |
1.90 |
0.00 |
0.00 |
0.00 |
0.00 |
1.90 |
17 |
RAILWAY RELATED COMPONENTS |
129.73 |
73.99 |
87.57 |
98.54 |
72.19 |
462.02 |
18 |
INDUSTRIAL MACHINERY |
716.79 |
568.26 |
329.30 |
462.82 |
338.18 |
2,415.35 |
19 |
MACHINE TOOLS |
24.06 |
126.38 |
23.89 |
45.16 |
44.93 |
264.42 |
20 |
AGRICULTURAL MACHINERY |
72.35 |
16.44 |
15.19 |
17.20 |
5.78 |
126.96 |
21 |
EARTH-MOVING MACHINERY |
30.11 |
97.66 |
52.23 |
29.18 |
34.16 |
243.33 |
22 |
MISCELLANEOUS MECHANICAL & ENGINEERING INDUSTRIES |
186.69 |
274.57 |
245.24 |
106.42 |
162.67 |
975.59 |
23 |
COMMERCIAL, OFFICE & HOUSEHOLD EQUIPMENTS |
33.39 |
36.68 |
7.44 |
20.97 |
11.78 |
110.27 |
24 |
MEDICAL AND SURGICAL APPLIANCES |
145.93 |
173.26 |
479.71 |
87.23 |
156.72 |
1,042.85 |
25 |
INDUSTRIAL INSTRUMENTS |
0.85 |
7.42 |
0.80 |
2.28 |
1.62 |
12.97 |
26 |
SCIENTIFIC INSTRUMENTS |
32.34 |
6.36 |
76.66 |
5.53 |
3.15 |
124.05 |
27 |
FERTILIZERS |
225.32 |
20.93 |
0.89 |
26.68 |
86.73 |
360.54 |
28 |
CHEMICALS (OTHER THAN FERTILIZERS) |
762.76 |
1,469.95 |
1,392.80 |
1,307.90 |
1,980.99 |
6,914.40 |
29 |
PHOTOGRAPHIC RAW FILM AND PAPER |
0.75 |
0.00 |
0.00 |
0.00 |
0.00 |
0.75 |
30 |
DYE-STUFFS |
54.89 |
3.32 |
10.70 |
0.00 |
1.52 |
70.43 |
31 |
DRUGS & PHARMACEUTICALS |
1,497.74 |
754.26 |
857.39 |
1,009.96 |
265.97 |
4,385.32 |
32 |
TEXTILES (INCLUDING DYED,PRINTED) |
197.42 |
230.13 |
618.95 |
454.45 |
198.14 |
1,699.09 |
33 |
PAPER AND PULP (INCLUDING PAPER PRODUCTS) |
116.21 |
85.21 |
197.61 |
71.17 |
38.00 |
508.21 |
34 |
SUGAR |
27.77 |
105.85 |
15.92 |
7.90 |
1.10 |
158.54 |
35 |
FERMENTATION INDUSTRIES |
225.38 |
202.36 |
110.86 |
38.48 |
149.49 |
726.57 |
36 |
FOOD PROCESSING INDUSTRIES |
515.86 |
505.88 |
727.22 |
904.90 |
628.24 |
3,282.10 |
37 |
VEGETABLE OILS AND VANASPATI |
148.34 |
34.22 |
108.45 |
85.12 |
116.22 |
492.35 |
38 |
SOAPS, COSMETICS & TOILET PREPARATIONS |
177.22 |
193.26 |
92.60 |
137.03 |
154.09 |
754.20 |
39 |
RUBBER GOODS |
284.51 |
296.15 |
262.76 |
392.21 |
197.64 |
1,433.27 |
40 |
LEATHER,LEATHER GOODS AND PICKERS |
34.21 |
17.13 |
2.30 |
22.00 |
4.52 |
80.16 |
41 |
GLUE AND GELATIN |
21.44 |
0.82 |
90.60 |
3.76 |
13.29 |
129.91 |
42 |
GLASS |
41.82 |
25.78 |
51.69 |
70.92 |
35.59 |
225.80 |
43 |
CERAMICS |
35.29 |
51.21 |
15.40 |
50.12 |
58.09 |
210.11 |
44 |
CEMENT AND GYPSUM PRODUCTS |
208.99 |
19.69 |
2,130.10 |
19.44 |
17.61 |
2,395.83 |
45 |
TIMBER PRODUCTS |
8.97 |
53.17 |
10.23 |
9.91 |
7.75 |
90.03 |
46 |
DEFENCE INDUSTRIES |
0.08 |
0.10 |
0.00 |
0.01 |
2.18 |
2.37 |
47 |
CONSULTANCY SERVICES |
458.13 |
517.47 |
261.14 |
759.67 |
410.61 |
2,407.02 |
48 |
SERVICES SECTOR (Fin.,Banking,Insurance,Non Fin/Business,Outsourcing,R&D,Courier,Tech. Testing and Analysis, Other) |
3,250.03 |
6,889.46 |
8,684.07 |
6,708.58 |
9,157.54 |
34,689.68 |
49 |
HOSPITAL & DIAGNOSTIC CENTRES |
567.85 |
742.35 |
747.38 |
708.09 |
1,044.61 |
3,810.29 |
50 |
EDUCATION |
78.86 |
230.78 |
160.12 |
285.75 |
776.73 |
1,532.23 |
51 |
HOTEL & TOURISM |
777.01 |
1,332.69 |
916.13 |
1,131.97 |
1,075.75 |
5,233.55 |
52 |
TRADING |
2,727.96 |
3,845.32 |
2,338.40 |
4,348.13 |
4,462.13 |
17,721.93 |
53 |
RETAIL TRADING |
168.72 |
262.24 |
450.94 |
223.78 |
442.83 |
1,548.51 |
54 |
AGRICULTURE SERVICES |
59.95 |
84.65 |
76.43 |
110.19 |
88.07 |
419.29 |
55 |
DIAMOND,GOLD ORNAMENTS |
280.18 |
58.54 |
123.92 |
233.03 |
29.15 |
724.82 |
56 |
TEA AND COFFEE (PROCESSING & WAREHOUSING COFFEE & RUBBER) |
1.43 |
1.12 |
1.60 |
20.02 |
13.64 |
37.81 |
57 |
PRINTING OF BOOKS (INCLUDING LITHO PRINTING INDUSTRY) |
72.58 |
122.81 |
53.17 |
228.40 |
549.80 |
1,026.75 |
58 |
COIR |
1.36 |
0.00 |
0.00 |
0.00 |
0.00 |
1.36 |
59 |
CONSTRUCTION (INFRASTRUCTURE) ACTIVITIES |
870.25 |
4,510.71 |
1,860.73 |
2,729.69 |
2,258.00 |
12,229.38 |
60 |
CONSTRUCTION DEVELOPMENT: Townships, housing, built-up infrastructure and construction-development projects |
769.14 |
112.55 |
105.14 |
539.57 |
213.15 |
1,739.55 |
61 |
MISCELLANEOUS INDUSTRIES |
765.88 |
668.77 |
296.40 |
398.76 |
441.16 |
2,570.96 |
|
Grand Total |
29,737.27 |
40,000.98 |
43,478.27 |
44,856.75 |
44,366.03 |
202,439.31 |
This information was given by the Minister of Commerce and Industry, Piyush Goyal, in a written reply in the Lok Sabha today.
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MM