(a) the number of major projects which are being implemented with foreign direct investments in the State of Karnataka at present;
(b) the amount of FDI involved in each of these projects;
(c) whether there is any proposal to approve more projects in Karnataka for foreign direct investments; and
(d) if so, the details thereof and the target fixed in this regard for the current year?
THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY (SHRI CH. VIDYASAGAR RAO)
(a) & (b) : A statement showing the approved foreign direct investment (FDI) projects involving foreign direct investment of Rs.100 crores or more in the State of Karnataka is annexed.
(c) & (d) : The location of the projects is left to commercial considerations of the investor. Government has put in place a liberal and transparent FDI policy wherein many sectors are open to FDI upto 100% on the automatic approval route. Cases requiring Government approval are considered in a time-bound manner. No targets for FDI are fixed.
Annexure
Statement referred to in reply to parts (a) and (b) of the Lok Sabha Unstarred Question No. 1787 for 1.8.2003
FDI projects involving FDI of Rs. 100 crs. and above
S. No. Name of the COMPANY Sector Foreign COLLOBORATOR COUNTRY Equity (in Rs. Lakh)
1 AMERICA ONLINE INC., TELECOMMUNICATIONS 46000 AMERICA ONLINE INC., USA VIRGINA 2 BELLARY STEEL & ALLOYS LIMITED FERROUS 10480 VISA LTD UK
3 BPL US WEST CELLULAR TELECOMMUNICATIONS CELLULAR MOBILE/BASIC TELEPHONE SERVICE 27518 US WEST CELLULAR INVESTMENTS COMPANY Mauritius 4 BRITANNIA NEW ZEALAND FOODS PVT. LTD FOOD PRODUCTS 10488 FONTERRA COOPERATIVE GROUP LTD NEW New Zealand 5 DELPHI AUTOMOTIVE SYSTEMS PVT LTD AUTOMOBILE INDUSTRY 45000 GENERAL MOTORS CORPORATION USA
6 GENERAL MOTORS CORPORATION AUTOMOBILE INDUSTRY 11260 GENERAL MOTORS CORPORATION USA 7 IBM GLOBAL SERVICES INDIA PVT. LTD., DESIGN & ENG. SERVICES 10500 IBM WORLD TRADE CORPORATION, USA USA 8 INFORMATION TECHNOLOGY PARK LTD., NON-FINANCIAL SERVICES 14000 INFORMATION TECHNOLOGY PARK INVESTMENT Singapore 9 JINDAL TRACTEBEL POWER CO. LIMITED POWER 14500 TRACTEBEL S.A. Belgium
10 LIFESTYLE INTERNATIONAL LIMITED TRADING(ACTIVITIES) 10000 Life Style International Pvt. Ltd.(OCB) NRI 11 MANGALORE REFINERY AND PETROCHEMICALS LIMITED OIL REFINERY 67100 OVERSEAS FOREIGN INVESTORS Euro Issues (GDR) 12 PRAXAIR INDIA PVT LTD CHEMICALS (OTHER THAN FERTILIZERS) 20000 PRAXAIR AIR PACIFIC LTD Mauritius 13 STATE BANK OF INDIA FINANCIAL 175000 EURO ISSUE Euro Issues (GDR) 14 TANIR BAVI POWER COMPANY POWER 10000 CHICAGO POWER INC. USA 15 TANVIR BAVI POWER COMPANY POWER 25650 M/S TANIR BAVI POWER COMPANY LTD Mauritius 16 TATA LUCENT TECHNOLOGIES LTD. TELECOMMUNICATIONS 14920 LUCENT INTERNATIONAL INC., USA
17 TMT (INDIA) LIMITED FLORICULTURE 16000 AGRO ADVIESBURO, Netherlands 18 TOYOTA KIRLOSKAR MOTORS AUTOMOBILE INDUSTRY 44400 TOYOTA MOTOR CORPORATION, Japan 19 TOYOTA KIRLOSKAR MOTOR LTD. AUTOMOBILE INDUSTRY 52200 TOYOTA MOTOR CORPORATION, Japan 20 TOYOTA KIRLOSKAR MOTOR CO. LTD. AUTOMOBILE INDUSTRY 62200 TOYOTA MOTOR CORPORATION, Japan 21 TOYOTA KIRLOSKAR MOTORS PVT LTD. PASSENGER CARS 10000 TOYOTA MOTOR CORPORATION Japan 22 USHA IRON & FERRO METALS CORPORATION LIMITED FERROUS 50000 FERRO STAL AKTLENG ESELLSCHART Germany 23 VOLVO INDIA LTD. AUTOMOBILE INDUSTRY 27280 VOLVO TRUCK CORPORATION Sweden 24 WIPRO LIMITED COMPUTER SOFTWARE INDUSTRY 279500 GDR/ADR Euro Issues (GDR) 25 BIWATER INTERNATIONAL LTD. CONSTRUCTION ACTIVITIES 42000 BIWATER INTERNATIONAL LTD., UK UK 26 EATON CORPORATION OTHERS(TRANSPORT) 12750 EATON CORPORATION, USA USA 27 EUROKAPITAL AKTIENGESELLSCHAFT POWER 15902 EUROKAPITAL AG Germany 28 INDIAINFO.COM PRIVATE LIMITED COMPUTER SOFTWARE INDUSTRY 70950 ADR ISSUE Euro Issues (GDR) 29 KALYANI COKE AND COGENERATION PRIVATE LIMITED POWER 33000 M/S TENASKA INTERNATIONAL ENERGY LTD. Mauritius 30 PROTEL INDIA PVT. LIMITED CELLULAR MOBILE/BASIC TELEPHONE SERVICE 15680 COMPAGNIE INTERNATONAL DU RADIOTELEPHONE (C.I France 31 SMITH COGENERATION (INDIA) PRIVATE LIMITED POWER 20520 SMITH COGENERATION INTERNATIONAL INC., USA 32 TRACTEBEL ENERGY SOUTH ASIA PVT. LTD. OIL REFINERY (OTHER) 311600 TRACTEBEL S.A.& TRACTEBEL POWERFIN PLC. Belgium 33 CANDIA ENERGY SYSTEM PVT. LTD. POWER 17500 UNVERSAL WATER & POWER LIMITED NRI 34 EUROKAPITAL AKITENGESELL SCHAFT POWER 12588 EUROKAPITAL AKITENGESELL SCHAFT Germany 35 INDEPENDENT POWER CORPORATION POWER 11700 INDEPENDENT POWER CORPORATION USA 36 NIPPON DENRO ISPAT LIMITED OIL REFINERY 67500 ISPAT GROUP OVERSEAS COMPANIES, NRI 37 PULAKESHI POWER COMPANY PVT. LTD. POWER 13200 NRI CAPITAL CORPN., USA 38 COGENTRIX DEVELOPMENT COMPANY POWER 27450 COGENTRIX DEVELOPMENT COMPANY USA 39 COASTAL POWER COMPANY POWER 11200 COASTAL POWER COMPANY USA 40 TOYOTA KIRLOSKAR AUTO PARTS PVT LTD AUTOMOBILE INDUSTRY 30375 TOYOTA MOTOR CORPORATION Japan 41 SCOTTISH & NEWCASTLE PLC. FERMENTATION 79000 SCOTTISH & NEWCASTLE PLC (S&N) UK 42 CHINA CONSTRUCTION (SOUTH PACIFIC) DEVELOPMENT CO. PTE. LTD CONSTRUCTION ACTIVITIES 10000 I.R.E. CORPORATION LTD., SINGAPORE Singapore 43 KIRLOSKAR TOYODA TEXTILE MACHINERY LTD. INDUSTRIAL MACHINERY 19977 TOYODA AUTOMATIC LOOM WORKS LTD Japan 44 THE VYSYA BANK LTD HOSPITAL & DIAGNOSTIC CENTRES 34081.07 BANK BRUSSELS LAMBERT Belgium