(a) the details of the Indo-Nepal joint ventures established so far; and
(b) the steps taken to promote these ventures and the outcome thereof?
(a) the details of the Indo-Nepal joint ventures established so far; and
(b) the steps taken to promote these ventures and the outcome thereof?
THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY (SHRI JYOTIRADITYA M. SCINDIA)
(a): The details of the investments from Nepal during January 2000 to September 2009 is at
Annex.
(b): Government has put in place a liberal and investor-friendly policy on FDI, under which
FDI, up to 100%, is permitted on the automatic route, in most sectors/ activities, including
infrastructure and Research and Development (R&D). As a result, India is viewed as one of the
top investment destinations in the world today. Government has also announced a number of
measures to accelerate the demand in the economy which would enable India to continue as an
attractive investment destination.
The Government of India continues to make efforts to increase economic cooperation with the
developing as well as developed countries through different fora such as Joint Commissions/
Joint Committees, other bilateral channels like interaction with the delegations visiting the
country and organizing visits abroad for discussions on issues of mutual interest and
business/ investment meets between Indian and foreign entrepreneurs to stimulate foreign
investment into India.
The Government of India in partnership with the States also undertakes investment promotion
activities in various countries with FDI potential to create awareness about the investment
climate and opportunities in India, as well as to provide support to potential investors.
STATEMENT REFERRED TO IN REPLY TO LOK SABHA UNSTARRED QUESTION NO. 493 FOR ANSWER ON 23.11.2009
STATEMENT ON FDI INFLOWS
FROM JANUARY 2000 TO AUGUST 2009
Country: Nepal
(Amount in million)
Sl.No Indian Company Foreign Collaborator Amount of Foreign Amount of Foreign Name and Name Direct Investment Direct Investment Address Inflows Inflows (in Rs) (in US$)
Country : Nepal
1 MGH LOGISTICS GALILEO (NEPAL) 4.90 0.12 P. LTD. PTE. LTD.
Year : 2008 Month 04 RBI`s Region : MUMBAI Sector : OTHERS (TRANSPORT) Item : CARGO HANDLING INCIDENTAL TO LAND TRANSPORT Country : Nepal
2 HIMLON POLYEX MANJUDEVI SANGHAI 3.49 0.08 PVT LTD
 Year : 2004 Month 07 RBI`s Region : MUMBAI Sector : TEXTILES (INCLUDING DYED,PRINTED) Item : ARTIFICIAL TEXTILE FIBRE Country : Nepal
3 YAGYADEEP DR. UPENDRA MAHATO 0.05 0.00 INFRATECH P.LTD.
 Year : 2009 Month 08 RBI`s Region : NEW DELHI Sector : TRADING (WHOLESALE CASH & CARRY) Item : WHOLESALE TRADE IN READYMADE GARMENT
4 YAGYADEEP . SAMTA PRASAD 0.05 0.00 INFRATECH P.LTD
Year : 2009 Month 08 RBI`s Region : NEW DELHI Sector : TRADING (WHOLESALE CASH & CARRY) Item : WHOLESALE TRADE IN READYMADE GARMENT
5 YAGYADEEP SAMATA PRASAD 59.64 1.23 INFRATECH P. LTD.
Year : 2009 Month 08 RBI`s Region : NEW DELHI Sector : TRADING (WHOLESALE CASH & CARRY) Item : WHOLESALE TRADE IN READYMADE GARMENT