#1
February 4th, 2016, 10:30 AM
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FDI in india
Hello sir ! recently I seen many news on FDI . I want to know about FDI . will you please provide me information FDI ?
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#2
February 4th, 2016, 11:06 AM
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Re: FDI in india
Hello buddy here we provides you information related to foreign direct investment as follows Foreign Direct Investment (FDI) in India is the major monetary source for economic development in India. Foreign companies invest in India to take benefits of cheaper wages and changing business environment of India. Economic liberalisation started in India in wake of the 1991 economic crisis and since then FDI has steadily increased in India. Sectors During 2014–15, India received most of its FDI from Mauritius, Singapore, Netherlands, Japan and the US Following are some of major sectors for Foreign Direct Investment. Infrastructure 10% of India's GDP is based on construction activity. Indian government has plans to invest $1 trillion on infrastructure from 2012–2017. 40% of this $1 trillion is to be funded by private sector. 100% FDI under automatic route is permitted in construction sector for cities and townships non-primary source needed Automotive FDI in automotive sector was increased by 89% between April 2014 to February 2015 India is 7th largest producer of vehicles in the world with 17.5 million vehicles annually. 100% FDI is permitted in this sector via automatic route. Automobiles shares 7% of the India's GDP. Pharmaceuticals Indian pharmaceutical market is 3rd largest in terms of volume and 13th largest in terms of value. Indian pharma industry is expected to grow at 20% compound annual growth rate from 2015 to 2020. 100% FDI is permitted in this sector. Service FDI in service sector was increased by 46% in 2014–15. Service sector includes banking, insurance, outsourcing, research & development, courier and technology testing FDI limit in insurance sector was raised from 26% to 49% in 2014.[24] Railways ] 100% FDI is allowed under automatic route in most of areas of railway like High speed train, railway electrification, passenger terminal, mass rapid transport systems etc. Mumbai-Hyderabad high speed corridor project is single largest railway project in India, other being CSTM-Panvel suburban corridor. Foreign investment more than ₹90000 crore (US$13 billion) is expected in these projects Chemicals Chemical industry of India earned revenue of $ 155–160 billion in 2013.[28] 100% FDI is allowed in Chemical sector under automatic route. Except Hydrocynic acid, Phosgene, Isocynates and their derivatives, production of all other chemicals is de-licensed in India. Textile Textile is one major contributor to India's export. Nearly 11% of India's total export is textile. |