(a) the number of industries set up by NRIs in the country so far, State-wise;
(b) the number of industries proposed to be set up by the Non-Resident Indians in the country particularly in the State of West Bengal, Sikkim and North Eastern States during the current financial year; and
(c) the steps being taken by the Government in this regard?
THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY (SHRI E.V.K.S. ELANGOVAN)
(a): Statement showing state-wise approvals granted for NRI investment is annexed.
(b) & (c): The Government has put in place a liberal, transparent and investor friendly policy wherein Foreign Direct Investment (FDI), including investment by Non-resident Indians, upto 100% is allowed under the automatic route in most sectors / activities irrespective of location. Under the liberalized economic environment, investment decisions, including the choice of locations, are taken by the entrepreneurs based on their commercial judgment and other relevant considerations.
STATEMENT REFERRED TO IN REPLY TO THE LOK SABHA UNSTARRED QUESTION NO. 3175 FOR 16-8-2005
STATE WISE APPROVALS FOR NRI INVESTMENT
FROM AUGUST 1991 TO MAY 2005
S.No Name of the State Financial (Rs. in Crore)
1 ANDHRA PRADESH 198 2186.18 2 ASSAM 3 1.11 3 BIHAR 2 2.27 4 GUJARAT 99 796.46 5 HARYANA 59 506.94 6 HIMACHAL PRADESH 6 9.67 7 KARNATAKA 176 1877.20 8 KERALA 43 212.20 9 MADHYA PRADESH 28 95.87 10 MAHARASHTRA 305 2407.14 11 ORISSA 12 47.88 12 PUNJAB 27 115.46 13 RAJASTHAN 40 461.85 14 TAMIL NADU 205 713.01 15 UTTAR PRADESH 53 114.80 16 WEST BENGAL 39 481.76 17 CHATTISGARH 4 6.25 18 JHARKHAND 3 1.57 19 CHANDIGARH 5 3.36 20 DADRA & NAGAR HAVELI 4 28.62 21 DELHI 151 989.75 22 GOA 3 0.22 23 PONDICHERRY 9 35.88 24 DAMAN & DIU 4 9.00 25 State Not Indicated 118 1250.51 Â Grand Total 1596 12354.97