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fdi in india and its growth linkages - Department Of Industrial Policy ...

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FDI IN INDIA AND ITS GROWTH LINKAGES<br />

def<strong>in</strong>ed earlier. While the significance of Germany <strong>and</strong> Japan has decl<strong>in</strong>ed <strong>in</strong> terms of their share <strong>in</strong> FDI <strong>in</strong>flows <strong>in</strong>to<br />

India, Cyprus <strong>and</strong> the UAE have entered the list of top 10 <strong>in</strong>vest<strong>in</strong>g countries dur<strong>in</strong>g the recent cumulative period. 5<br />

20<br />

Table 2.9<br />

RBI’s Region-wise Break-up of FDI Inflows (January 2000 – March 2009)<br />

S.No. Regional <strong>Of</strong>fices of RBI States Covered Share <strong>in</strong> Total FDI <strong>in</strong>flows<br />

1 Mumbai Maharashtra, Dadra & Nagar Haveli, Daman & Diu 34.2<br />

2 New Delhi Delhi, part of Uttar Pradesh <strong>and</strong> Haryana 14.2<br />

3 Bangalore Karnataka 6.5<br />

4 Ahmedabad Gujarat 6.2<br />

5 Chennai Tamil Nadu, Pondicherry 5.3<br />

6 Hyderabad Andhra Pradesh 3.9<br />

7 Kolkata West Bengal, Sikkim, Andaman & Nicobar Isl<strong>and</strong>s 1.4<br />

8 Jaipur Rajasthan 0.5<br />

9 Ch<strong>and</strong>igarh` Ch<strong>and</strong>igarh, Punjab, Haryana, Himachal Pradesh 0.4<br />

10 Panaji Goa 0.3<br />

11 Kochi Kerala, Lakshadweep 0.2<br />

12 Bhopal Madhya Pradesh, Chhattisgarh 0.2<br />

13 Bhubaneshwar Orissa 0.1<br />

14 Guwahati Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, 0.1<br />

Nagal<strong>and</strong>, Tripura<br />

15 Kanpur Uttar Pradesh, Uttarakh<strong>and</strong> 0.0<br />

16 Patna Bihar, Jharkh<strong>and</strong> 0.0<br />

17 Region not <strong>in</strong>dicated 20.6<br />

Source: SIA Newsletter, April 2009.<br />

Note:<br />

1. The sector-specific amount only <strong>in</strong>cludes <strong>in</strong>flows received through the SIA/FIPB route,<br />

acquisition of exist<strong>in</strong>g shares <strong>and</strong> RBI’s automatic route.<br />

2. Inflows through ADRs/GDRs/FCCBs aga<strong>in</strong>st FDI approvals have not been <strong>in</strong>cluded.<br />

3. Inflows <strong>in</strong>clude Equity Capital Components only.<br />

Table 2.10<br />

Share of Top Invest<strong>in</strong>g Countries (<strong>in</strong> US$ million)<br />

Rank Country (share as % of total <strong>in</strong>vestment)<br />

Aug 1991-Dec 1999 Jan 2000-March 2009 2008<br />

1 Mauritius (21.6) Mauritius (42.8) Mauritius (40.9)<br />

2 U.S.A. (14.4) S<strong>in</strong>gapore (11.3) S<strong>in</strong>gapore (8.6)<br />

3 Japan (5.1) U.S.A. (5.4) U.S.A. (7.2)<br />

4 Germany (4) U.K. (5.0) U.K. (5.8)<br />

5 U.K. (3.8) Cyprus (4.2) Netherl<strong>and</strong>s (4.0)<br />

6 Netherl<strong>and</strong>s (3.7) Netherl<strong>and</strong>s (3.1) Japan (2.9)<br />

7 Korea (South) (3.6) Germany (2.4) Cyprus (2.5)<br />

8 S<strong>in</strong>gapore (2.1) France (1.5) Germany (2.4)<br />

9 Hong Kong (1.6) Japan (1.2) France (1.4)<br />

10 France (1.6) Russia (1.1) U.A.E.(1.0)<br />

Source: SIA Newsletters, January 2005 <strong>and</strong> April 2008.<br />

5. The changes <strong>in</strong> the top five FDI-<strong>in</strong>vest<strong>in</strong>g countries for the periods August 1991- December 1999 <strong>and</strong> January 2000 - October 2008 are presented <strong>in</strong><br />

Figures 2.4 <strong>and</strong> 2.5.

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