GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT OF INDUSTRIAL POLICY & PROMOTION LOK SABHA UNSTARRED QUESTION NO.1144. TO BE ANSWERED ON FRIDAY, THE 28TH NOVEMBER, 2014. PROPOSALS FOR FOREIGN DIRECT INVESTMENT 1144. SHRI DHARMENDRA YADAV: SHRI SHRIRANG APPA BARNE: SHRI SANKAR PRASAD DATTA: SHRI ADHALRAO PATIL SHIVAJIRAO: Will the Minister of COMMERCE AND INDUSTRY be pleased to state: वाणि煍य और उ饍योग मंत्री (a) the details of proposals for Foreign Direct Investment (FDI) received and approved/rejected by the Foreign Investment Promotion Board along with the actual FDI inflow in various sectors during each of the last three years and the current year, sector and State/UT-wise; (b) the details of FDI proposals lying pending with the Government for approval, the reasons for pendency along with the time by which these are likely to be cleared; (c) whether the Government proposes to relax norms for FDI in the construction and housing sector in view of economic slowdown in the sector; (d) if so, the details thereof along with the extent to which these measures are expected to boost FDI in the sector; (e) whether the Government proposes to review FDI policy in some sectors to boost investment environment in the country and if so, the details thereof; and (f) the further measures taken/proposed to be taken by the Government to improve investment environment and speedy clearance of FDI proposals? ANSWER वाणि煍य और उ饍योग रा煍य मंत्री (वतंत्र प्रभार)(श्रीमती निममला सीतारमि) THE MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF COMMERCE AND INDUSTRY (SHRIMATI NIRMALA SITHARAMAN) (a): (i) Year-wise details of the proposals received during last three years and the current year: Year No. of fresh proposals received 2011 222 2012 218 2013 219 2014 (till date) 127 (ii) Year-wise details of the proposals approved/rejected during last three years and the current Year: Year No. of proposals No. of proposals approved rejected 2011 189 71 2012 199 80 2013 198 33 2014 (till date) 165 36 FDI equity inflows for the last three years and the current year, sector-wise and State-wise are at Annexure-I & II respectively. (b): As on 24.11.2014, total 58 proposals are pending with Foreign Investment Promotion Board (FIPB) and the efforts are being made to clear all the proposals at the earliest. (c) & (d): Yes, Madam. Union Cabinet has considered the proposal to liberalize the FDI policy on Construction Development Sector to ease norms concerning minimum capitalization, minimum area, lock-in period and to incentivize investment in affordable housing. These measures are expected to result in enhanced inflows and attract best global practices in the Construction Development Sector. (e) & (f): Review of the FDI policy of the country is an ongoing process and Government has taken a number of steps in the recent past to make India an attractive investment destination. Government has put in place an investor-friendly policy on FDI, under which FDI up to 100% is permitted under the automatic route in most sectors/activities. Significant changes have been made in the FDI policy regime in the recent times to ensure that India remains increasingly attractive and investor-friendly. 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 solicited both through bilateral and multilateral arrangements. It 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 inflow of foreign direct investment into India. The Government has also set up ‘Invest India’, a joint venture company between the Department of Industrial Policy & Promotion and FICCI, as a not- for-profit, single window facilitator, for prospective overseas investors and to act as a structured mechanism to attract investment. ******** Annexure –I ANNEXURE REFERRED TO IN REPLY TO PART (a) OF THE LOK SABHA UNSTARRED QUESTION NO. 1144 FOR ANSWER ON 28.11.2014 REGARDING PROPOSALS FOR FOREIGN DIRECT INVESTMENT SECTOR WISE STATEMENT ON FDI EQUITY INFLOWS FROM APRIL 2011 TO SEPTEMBER 2014 (Amount in US$ million) Sl Sector 2011-12 2012-13 2013-14 2014-15 No (upto Sept.,14) 1 METALLURGICAL INDUSTRIES 1,786.14 1,466.23 567.63 196.70 2 MINING 142.65 57.89 12.73 456.85 3 POWER 1,652.38 535.68 1,066.08 409.66 4 NON-CONVENTIONAL ENERGY 452.17 1,106.52 414.25 376.46 5 COAL PRODUCTION 0.00 0.00 2.96 0.00 6 PETROLEUM & NATURAL GAS 2,029.98 214.80 112.23 1,020.94 7 BOILERS AND STEAM GENERATING PLANTS 31.79 20.05 0.17 1.33 8 PRIME MOVER (OTHER THAN ELECTRICAL 313.75 184.60 212.78 93.97 GENERATORS) 9 ELECTRICAL EQUIPMENTS 566.39 195.87 134.31 403.22 10 COMPUTER SOFTWARE & HARDWARE 796.35 485.96 1,126.27 421.21 11 ELECTRONICS 194.41 38.24 132.58 72.94 12 TELECOMMUNICATIONS 1,997.24 303.87 1,306.95 2,465.11 13 INFORMATION & BROADCASTING 675.96 404.04 428.52 49.69 (INCLUDING PRINT MEDIA) 14 AUTOMOBILE INDUSTRY 922.99 1,537.28 1,517.28 1,034.57 15 AIR TRANSPORT (INCLUDING AIR FREIGHT) 31.22 15.89 45.95 41.79 16 SEA TRANSPORT 129.36 64.62 20.49 133.84 17 PORTS 0.00 0.00 0.31 0.00 18 RAILWAY RELATED COMPONENTS 42.27 29.85 236.93 121.74 19 INDUSTRIAL MACHINERY 620.66 503.83 477.38 337.88 20 MACHINE TOOLS 127.87 101.39 64.52 12.17 21 AGRICULTURAL MACHINERY 2.77 95.41 48.78 20.58 22 EARTH-MOVING MACHINERY 16.40 5.10 34.44 13.03 23 MISCELLANEOUS MECHANICAL & 1,295.34 89.45 288.13 37.18 ENGINEERING INDUSTRIES 24 COMMERCIAL, OFFICE & HOUSEHOLD 29.04 24.33 21.13 21.60 EQUIPMENTS 25 MEDICAL AND SURGICAL APPLIANCES 141.61 83.02 173.48 93.64 26 INDUSTRIAL INSTRUMENTS 3.99 0.58 0.53 0.00 27 SCIENTIFIC INSTRUMENTS 7.08 73.28 45.08 30.90 28 MATHEMATICAL,SURVEYING AND DRAWING 0.00 6.71 0.00 0.00 INSTRUMENTS 29 FERTILIZERS 32.60 42.55 20.65 1.02 30 CHEMICALS (OTHER THAN FERTILIZERS) 4,040.71 292.16 786.76 413.66 31 PHOTOGRAPHIC RAW FILM AND PAPER 0.00 0.00 0.00 0.75 32 DYE-STUFFS 0.58 0.00 0.00 54.89 33 DRUGS & PHARMACEUTICALS 3,232.28 1,123.46 1,279.34 1,091.20 34 TEXTILES (INCLUDING DYED,PRINTED) 164.19 103.89 198.86 70.15 35 PAPER AND PULP (INCLUDING PAPER 407.35 5.09 26.86 4.12 PRODUCTS) 36 SUGAR 4.44 12.26 3.08 1.00 37 FERMENTATION INDUSTRIES 69.70 107.21 814.58 107.39 38 FOOD PROCESSING INDUSTRIES 170.21 401.46 3,982.89 282.63 39 VEGETABLE OILS AND VANASPATI 65.02 108.39 21.55 36.48 40 SOAPS, COSMETICS & TOILET 222.08 160.07 108.44 92.19 PREPARATIONS 41 RUBBER GOODS 187.37 642.18 370.54 120.19 42 LEATHER,LEATHER GOODS AND PICKERS 8.30 46.70 6.14 16.20 43 GLUE AND GELATIN 5.84 0.00 0.97 16.86 44 GLASS 32.22 209.16 43.09 2.12 45 CERAMICS 9.87 4.33 150.09 8.36 46 CEMENT AND GYPSUM PRODUCTS 267.90 12.38 254.01 103.85 47 TIMBER PRODUCTS 29.60 29.17 6.16 1.09 48 DEFENCE INDUSTRIES 3.66 0.41 0.82 0.00 49 CONSULTANCY SERVICES 289.89 142.32 285.85 300.05 50 SERVICES SECTOR 5,215.98 4,832.98 2,225.10 1,225.28 51 HOSPITAL & DIAGNOSTIC CENTRES 310.43 256.86 684.58 213.07 52 EDUCATION 105.62 172.20 262.09 17.59 53 HOTEL & TOURISM 992.86 3,259.05 486.38 414.72 54 TRADING 731.55 717.80 1,343.39 974.55 55 RETAIL TRADING (SINGLE BRAND) 31.70 22.31 11.30 52.51 56 AGRICULTURE SERVICES 49.02 161.47 91.01 29.42 57 DIAMOND,GOLD ORNAMENTS 36.30 52.61 42.56 20.09 58 TEA AND COFFEE (PROCESSING & 5.32 0.27 5.86 0.01 WAREHOUSING COFFEE & RUBBER) 59 PRINTING OF BOOKS (INCLUDING LITHO 47.39 14.34 113.78 34.48 PRINTING INDUSTRY) 60 COIR 0.55 0.15 0.54 1.36 61 CONSTRUCTION (INFRASTRUCTURE) 386.28 283.89 485.37 122.27 ACTIVITIES 62 CONSTRUCTION DEVELOPMENT: Townships, 3,140.78 1,332.49 1,226.05 567.85 housing, built-up infrastructure and construction- development projects 63 MISCELLANEOUS INDUSTRIES 813.38 229.49 468.74 207.85 Grand Total 35,120.80 22,423.58 24,299.33 14,472.24 ******* Annexure –II ANNEXURE REFERRED TO IN REPLY TO PART (a) OF THE LOK SABHA UNSTARRED QUESTION NO. 1144 FOR ANSWER ON 28.11.2014 REGARDING PROPOSALS FOR FOREIGN DIRECT INVESTMENT STATE-WISE STATEMENT ON FDI EQUITY INFLOWS FROM APRIL 2011 TO SEPTEMBER 2014 (Amount in US$ million) Sl No Regional Offices of States Covered 2011-12 2012-13 2013-14 2014-15 RBI (upto Sept., 14) 1 HYDERABAD ANDHRA 848.17 1,158.80 678.25 789.69 PRADESH 2 GUWAHATI ASSAM, 0.95 5.05 0.61 1.41 ARUNACHAL PRADESH, MANIPUR, MEGHALAYA, MIZORAM, NAGALAND, TRIPURA 3 PATNA BIHAR, 24.06 7.57 1.38 8.11 JHARKHAND 4 AHMEDABAD GUJARAT 1,001.11 493.14 859.90 576.56 5 JAMMU JAMMU & 0.00 0.00 0.23 4.06 KASHMIR 6 BANGALORE KARNATAKA 1,532.81 1,022.96 1,891.78 562.20 7 KOCHI KERALA, 471.08 72.14 69.74 45.69 LAKSHADWEEP 8 BHOPAL MADHYA 122.95 219.78 118.85 100.00 PRADESH, CHATTISGARH 9 MUMBAI MAHARASHTRA, 9,552.52 8,716.20 3,420.28 2,578.76 DADRA & NAGAR HAVELI, DAMAN & DIU 10 BHUBANESHWAR ORISSA 27.77 51.99 47.65 8.49 11 JAIPUR RAJASTHAN 33.03 131.89 38.09 525.15 12 CHENNAI TAMIL NADU, 1,422.39 2,807.45 2,116.24 1,990.88 PONDICHERRY 13 KANPUR UTTAR PRADESH, 139.62 30.77 24.78 35.74 UTTRANCHAL 14 KOLKATA WEST BENGAL, 394.24 424.25 435.98 98.10 SIKKIM, ANDAMAN & NICOBAR ISLANDS 15 CHANDIGARH` CHANDIGARH, 129.99 46.79 91.23 33.99 PUNJAB, HARYANA, HIMACHAL PRADESH 16 NEW DELHI DELHI, PART OF 7,983.40 3,222.21 6,241.89 2,424.61 UP AND HARYANA 17 PANAJI GOA 37.74 8.70 17.15 9.11 18 REGION NOT REGION NOT 11,398.96 4,003.91 8,245.28 4,679.71 INDICATED INDICATED Grand Total 35,120.80 22,423.58 24,299.33 14,472.24 Note: The above state wise inflows are classified as per RBI’s region wise inflows furnished by RBI, Mumbai ******* .