Question : PERFORMANCE OF HEAVY INDUSTRIES AFTER LIBERALISATION



(a) the details of Heavy Industries setup by Multi National Companies (MNCs) in the country, State-wise, as a result of liberalization;

(b) the details of privileges offered to them for setting up such industries;

(c) whether the Government have any proposal to give more concession to Heavy Industries; and

(d) if so, the details thereof?

Answer given by the minister

MINISTER OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES (SHRI BALASAHEB VIKHE PATIL)

(a) to (d): There is no formal classification of industries as `Heavy`. However, during the period from August, 1991, when economic and industrial liberalization was started, upto October,2002, 22,833 foreign direct investment proposals amounting to Rs.2,83,077 crore have been approved for setting up of industries in different states of the country in various sectors such as metallurgical, electrical equipments, transportation, engineering goods etc. The details of such proposals including items of manufacture/activity are published in the monthly news letter of the Secretariat for Industrial Approvals (SIA) which is widely circulated, including to the Parliament Library.