MINISTER OF THE STATE IN THE MINISTRY OF COMMERCE & INDUSTRY (SHRI JYOTIRADITYA M. SCINDIA)
(a): The details of the Foreign Direct Investment (FDI), including Non-Resident Indian (NRI) investment,
during the last three years, are as under:
FINANCIAL YEAR WISE FDI EQUITY INFLOWS FROM APRIL, 2007 TO DECEMBER, 2010
Sl.No. Year (Apr-Mar) Rs. in crore US$ in million
1 2007-08 98,642.09 24,575.43
2 2008-09 123,024.88 27,330.82
3 2009-10 123,119.65 25,834.41
4 2010-11 (Apr-Dec) 73,176.60 16,039.17
(b) & (c): Under the liberalized economic environment, investment decisions of investors are based
on the macro-economic policy framework, economic environment in the host and investing countries,
investment policies of transnational corporations and other commercial considerations.
(d) to (g): Government has put in place an investor-friendly policy on FDI, under which FDI, up to 100%,
is permitted on the automatic route, in most sectors/activities. Environmental norms are integrated under
the sectoral policies, which also have to be followed by entities with FDI.
The policy is reviewed on an ongoing basis through a consultative process. Significant changes have been
made in the FDI policy regime in the recent times, to ensure that India remains increasingly attractive
and investor-friendly. The Government plays an active role in investment promotion, through dissemination
of information on the investment climate and opportunities in India and by advising prospective investors
about investment policies and procedures and opportunities. International Cooperation for industrial
partnerships is achieved through both bilateral and multilateral arrangements. At bilateral level,
this is achieved through a number of joint commissions and joint working groups, for promoting
industrial, technical and scientific cooperation with select countries. The Government has also
set up CEOsâ/ Business Leadersâ Fora with some countries for active business-to-business cooperation
and for developing a road map for partnership and industrial cooperation. The Government also coordinates
with apex industry associations, such as FICCI, CII and ASSOCHAM, in their activities relating to promotion
of industrial cooperation, both through bilateral and multilateral initiatives, intended to stimulate flow
of foreign direct investment into India, besides participating in the Joint Business Councils and other
interactive sessions organized by them.