Tuesday, August 11, 2015

FDI in Heavy Industries


        The Policy and information regarding Foreign Direct Investment (FDI) is maintained by the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce & Industry. DIPP have informed that they do not maintain separate data on FDI in the ‘Heavy Industries’ sector. However, the FDI equity inflow received in the ‘Industry’ sector head shows 35.42% growth after the launch of ‘Make in India Initiative’ in September 2014 compared to the figures of the preceding corresponding period as given below:

Period
FDI Equity inflow (Amount in US$ Billion)
October 2013 to May 2014
7.68
October 2014 to May 2015
10.40
Growth
35.42%

            This information was presented by Minister  of  State in the Ministry of  Heavy Industries and Public Enterprises, Shri G.M.  Siddeshwara in a written reply in Lok Sabha

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