Question : Sector-wise FDI Inflow

(a) the details of the sectors for which the Foreign Direct Investment (FDI) has been allowed in India at present along with the maximum investment limit in each sector;

(b) total FDI inflow in the country during the last five years, sector-wise and State-wise/Union-Territory-wise;

(c) the sectors in which the FDI has been made and the details of the countries that have made maximum investment, sector-wise and country-wise;

(d) whether the Government proposes to open new areas of investment for the FDI, if so, the details thereof;

(e) if not, the reasons therefor;

(f) whether the Government has taken any step to remove the imbalance of foreign investment amongst different parts of the country; and

(g) if so, the details thereof and the steps taken by the Government to promote ‘Make in India’ and attract foreign investment in the country?

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THE MINISTER OF COMMERCE & INDUSTRY
(SHRI PIYUSH GOYAL)

(a): Detailed FDI policy on various sectors indicating therein sector-wise Foreign Direct Investment (FDI) limits is provided in ‘Consolidated FDI Policy Circular of 2017’, as amended from time to time, through subsequent Press Notes, which is available at the website of Department of Industrial Policy and Promotion at www.dipp.nic.in.

(b): The sector-wise and State-wise/Union-Territory-wise details of total FDI inflow in the country is not centrally maintained. However, the financial year wise details of total FDI inflow reported in the country during the last five years is at Annexure-I.

(c): Details of sectors receiving FDI equity inflow and the countries that have made maximum investment through FDI equity inflow is at Annexure-II.

(d) & (e): Review of FDI policy is an ongoing process.

(f) & (g): FDI policy is an enabling policy which is uniformly applicable in the country. Government has put in place a liberal and transparent policy for Foreign Direct Investment (FDI), wherein most of the sectors are open to FDI under the automatic route. The Government reviews the FDI policy and makes changes from time to time, to ensure that India remains an attractive & investor friendly destination.

Make in India initiative was launched with the objective of facilitating investment, fostering innovation, building good quality manufacturing infrastructure, making it easy to do business and enhancing skill development. The initiative is further aimed at creating a conducive environment for investment, modern and efficient infrastructure, opening up new sectors for foreign investment and forging a partnership between government and industry through positive mindset.

Make in India initiative has been reviewed and is now focusing on 27 sectors under Make in India 2.0. Department for Promotion of Industry and Internal Trade is coordinating action plans for 15 manufacturing sectors while Department of Commerce is coordinating 12 service sectors.

The Government of India is making continuous efforts for Investment facilitation including financial assistance to Invest India and for implementation of Make in India action plans to identify potential investors. Support is being provided to Indian Missions abroad and State Governments for organising events, summits, road-shows and other promotional activities to attract investment in the country under the Make in India banner. Investment outreach activities are being carried out for enhancing international co-operation and promoting FDI in the country.

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