Question : MNCS IN FPI



(a) whether many Multi National Companies (MNCs) has invested in food processing industries in the country;

(b) if so, the number of such MNCs and the amount of capital invested by them; and

(c) the percentage of this capital investment by such MNCs out of the total investment made in food processing industry in the country during each of the last three years and the current year?

Answer given by the minister


THE MINISTER OF STATE FOR FOOD PROCESSING INDUSTRIES (DR. CHARAN DAS MAHANT)

(a) to (c): Foreign Direct Investment (FDI) in food processing sector is permitted up to 100% through automatic route. Company wise data, classified in terms of MNC or otherwise, is not centrally maintained. However, FDI equity inflow in food processing industry during the last three years and the current year is as under:

Sl.	Year	FDI	FDI
No.	(Apr-Mar)	(Rs. Crore)	(US$ million)
1. 2009-10 1,314.23 278.89
2. 2010-11 858.03 188.67
3. 2011-12 826.16 170.21
4. 2012-13 257.70 46.60 (Apr-Jun)