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

More documents

Recommendations

Info

in the eight major SEZ’s exports is low, the growth of the exports of this SEZ over a period of time is significantly high (457 per cent in 2007-08 over the year 2006-07); this is in contrast to other SEZs which reported tremendous declines in their exports in 2007-08. The growth rate of exports from SEZs touched 67 per cent compared with an average of 15 per cent during 2002-03. Exports from the Cochin, Noida and Surat SEZs have performed quite well during the years 2006-07 and 2007-08. Exports from all SEZs except SEEPZ and Visakhapatnam performed well during 2007-08 (see Table 4.2). The above table shows that exports from SEZs have been increasingly consistently in the past five years with the SEEPZ, Surat and Noida SEZs clocking the highest exports. Table 4.1 Total Physical Exports by SEZs SPECIAL ECONOMIC ZONES (SEZS) AND FDI IN INDIA Year Value of Physical Exports from SEZs Growth Rate (Rs. crore) (over previous year) (per cent) 2003-2004 13854 39 2004-2005 18314 32 2005-2006 22840 25 2006-2007 34615 52 2007-2008 66638 92 Source: www.sezindia.nic.in Table 4.2 Export Performance of the 8 functional SEZs (Rs. crore) Zone 2000-01 2002-03 2004-05 2006-07 2007-08 Kandla SEZ 527.9 729.3 710.8 1482.7 1882.0 SEEPZ SEZ 5193.7 6083.2 6589.8 12047.7 11264.7 Cochin SEZ 304.3 270.4 290.0 802.7 4471.0 Noida SEZ 1043.2 1001.2 2479.0 6893.0 16843.4 Madras SEZ 690.8 822.4 979.2 2383.9 3046.5 Visakhapatnam SEZ 219.1 357.3 288.0 749.7 741.3 Surat SEZ NA NA 1539.7 5197.4 12294.0 Falta SEZ 520.0 520.5 573.7 998.7 1026.3 Total for SEZs 8499.0 9784.1 13450.2 30555.7 51569.2 Source: www.sezindia.nic.in 4.6 Investment in SEZs Exports and employment in SEZs largely depend on investment. Promotion of investments from domestic as well as foreign sources is one of the main objectives of the SEZ scheme. In 2007-08, foreign investment, including NRI investment in the setting up of units in SEZs, was Rs. 3899 crore. FDI up to 100 per cent for setting up SEZs is permissible with the clearance of the Board of Approval. See Table 4.3 below for details of investment in SEZs. Table 4.3 shows investment made in central and private/state government SEZs and it can be seen that investment in notified SEZs is much higher than in both the private/state government SEZs and central government SEZs. Table 4.4 describes the investment made by central government and private/state government SEZs for the year 2007-08; it shows 35
FDI IN INDIA AND ITS GROWTH LINKAGES that investments by private/state government SEZ (Rs. 3,960 crore) is greater than the investment made in central government SEZs (Rs. 3,899.5 crore). Further, Table 4.5 shows the distribution of total investment made in different central government SEZs. In total, investment in central government SEZs stood at Rs. 3,900 crore in 2007-08 and all the central government SEZs get almost equal investment, except for SEEPZ SEZ. Given that SEZs were set up with the objective of attracting FDI into the country, in 2007-08 the seven central government SEZs have attracted FDI to the tune of Rs. 865.8 crore. The MEPZ SEZ has attracted the maximum FDI to the tune of Rs. 237 crore, followed by the SEEPZ SEZ, Mumbai of Rs. 154.3 crore. The total FDI received by SEZs in 2007-08 comprises about 8 per cent of the total FDI inflows into the country. This shows that there is tremendous scope to increase FDI in SEZs across the country. In contrast, the private/state government SEZs do not get an equal distribution of investment. Nokia SEZ has got the most investment (about 50 per cent of the total investment in state government/private SEZs), followed by Indore and Mahindra City SEZ (IT), but the Manikanchan, Jodhpur, Wipro, Mahindra City (Textile) and Surat Apparel Park SEZs get a comparatively low investment. (See Annex 4.1 for proposed and actual investment in other SEZs apart from the eight central SEZs). 36 Table 4.3 Total Investment in SEZs Investment in notified SEZs Rs. 73,348 crore (all incremental employment (as of June 30, 2008) generated after February 2006) Investment in Private/State Govt. SEZs which came Rs. 3702 crore (incremental investment generated into force prior to SEZ Act, 2005 (as of June 30, 2008) since Feb. 2006 is Rs. 1,946 crore) Investment in 7 SEZs established by the Central Rs. 4043 crore (incremental investment generated Government (as of June 30, 2008) since Feb. 2006 is Rs. 1,764 crore) Source: www.sezindia.nic.in Table 4.4 Summary of Investment in SEZ Set up Prior to SEZ Act, 2005 (Rs. crore) Central Government SEZs 3899.5 State Govt/Pvt. SEZ established prior to SEZ Act, 2005 3960.4 Total 7859.9 Source: www.sezindia.nic.in Table 4.5 Government SEZs (EPZs Converted to SEZs) (Rs. crore) Zone Government Private Investment FDI FDI Total Private Investment by Units (excl. FDI) Proposed Made Investment made Kandla SEZ 93.6 238.1 0.0 137.4 375.5 SEEPZ SEZ 57.3 635.1 461.9 154.3 789.4 Noida SEZ 117.7 540.0 0.0 135.0 675.0 MEPZ SEZ 87.5 434.3 252.5 237.4 671.7 Cochin SEZ 104.3 429.0 0.0 76.8 505.8 Falta SEZ 101.1 385.4 – 8.4 393.8 Visakhapatnam SEZ 67.9 371.5 200.0 116.5 488.0 Total 629.7 3033.7 914.4 865.8 3899.5 Source: www.sezindia.nic.in
Page 2 and 3:
FDI IN INDIA AND ITS GROWTH LINKAGE
Page 4: PROJECT TEAM Study Team Project Lea
Page 7 and 8: linkages with the economy. The sect
Page 10: Contents Executive Summary Chapter
Page 13 and 14: Chapter 5: FDI: Linkages with the E
Page 16 and 17: Executive Summary Foreign direct in
Page 18 and 19: EXECUTIVE SUMMARY petroleum product
Page 20 and 21: Chapter 1: Introduction 1.1 Backdro
Page 22 and 23: section industry data. However, the
Page 24 and 25: in India stood at $23 billion, show
Page 26 and 27: viii) Backward and Forward Linkages
Page 28 and 29: Chapter 2: FDI Scenario in India: T
Page 30 and 31: Secretariat for Industrial Assistan
Page 32 and 33: Table 2.2 shows that FDI outflows f
Page 34 and 35: at about 2 per cent or less of the
Page 36 and 37: Table 2.5 Sector-wise Break-up of F
Page 38 and 39: Table 2.7 FDI in India in the Servi
Page 40 and 41: Figure 2.4 Country-wise FDI Inflows
Page 42 and 43: 2.10 Foreign Technology Transfers A
Page 44 and 45: Chapter 3: Mergers & Acquisitions a
Page 46 and 47: Table 3.2 Short-term effects of FDI
Page 48 and 49: proportion of foreign investment in
Page 50 and 51: Chapter 4: Special Economic Zones (
Page 52 and 53: 4.4 Management of SEZs SEZs are und
Page 56 and 57: Foreign Direct Investment in SEZs S
Page 58 and 59: In a span of a few years, there hav
Page 60 and 61: SPECIAL ECONOMIC ZONES (SEZS) AND F
Page 62 and 63: existing infrastructure, (b) exploi
Page 68 and 69: Chapter 5: FDI: Linkages with the E
Page 70 and 71: construction (4200); fuels, includi
Page 72 and 73: FDI: LINKAGES WITH THE ECONOMY S. N
Page 74: Table 5.5 Sector-wise FDI in India
Page 77 and 78: FDI IN INDIA AND ITS GROWTH LINKAGE
Page 92 and 93: Chapter 7: Primary Survey: Analysis
Page 94 and 95: the North and South zones, whereas
Page 96 and 97: PRIMARY SURVEY: ANALYSIS AND RESULT
Page 98 and 99: Table 7.1a Distribution of Surveyed
Page 100 and 101: Table 7.2b Zone-wise Distribution o
Page 102 and 103: Table 7.3b Zone-wise Distribution o
Page 104 and 105:
Table 7.6a Number of Employees in S
Page 106 and 107:
Table 7.7a Mode of Transport from F
Page 108 and 109:
Table 7.8a Number of FDI-enabled Fi
Page 110 and 111:
Chapter 8: FDI Data Reporting and C
Page 112 and 113:
sector, non-profit institutions ser
Page 114 and 115:
three categories, namely, (i) inves
Page 116 and 117:
Table 8.1 Trends in FDI Inflows to
Page 118 and 119:
FDI DATA REPORTING AND CLASSIFICATI
Page 120 and 121:
Table 8.3 Trends in FDI Inflows by
Page 122 and 123:
Table 8.5 DIPP Classification of FD
Page 124 and 125:
SECTOR-WISE CODE 3700 DEFENCE INDUS
Page 126 and 127:
Page 128 and 129:
S. No. DIPP DIPP Activity NIC 2-Dig
Page 130 and 131:
Page 132 and 133:
Page 134:
Page 137 and 138:
Page 139 and 140:
Page 141 and 142:
Page 143 and 144:
Page 145 and 146:
Page 147 and 148:
Page 149 and 150:
Page 152 and 153:
Chapter 10: Key Findings and Salien
Page 154 and 155:
Findings � About half the total o
Page 156 and 157:
7. Forex Implications: To understan
Page 158 and 159:
manufacturing firms taken together.
Page 160 and 161:
References Australian Bureau of Sta
Page 162 and 163:
for economic growth and poverty all
Page 164:
Tables for Chapter 6
Page 167 and 168:
Page 169 and 170:
Page 171 and 172:
Page 173 and 174:
Page 175 and 176:
Page 177 and 178:
Page 179 and 180:
Page 181 and 182:
Page 183 and 184:
Page 185 and 186:
Page 187 and 188:
Page 189 and 190:
Page 191 and 192:
Page 193 and 194:
Page 195 and 196:
Page 197 and 198:
Page 199 and 200:
Page 201 and 202:
Page 203 and 204:
Page 205 and 206:
Page 207 and 208:
Page 209 and 210:
Page 211 and 212:
Page 213 and 214:
Page 215 and 216:
Page 217 and 218:
Page 219 and 220:
Page 221 and 222:
Page 223 and 224:
Page 225 and 226:
Page 227 and 228:
Page 229 and 230:
Page 231 and 232:
Page 233 and 234:
Page 235 and 236:
Page 237 and 238:
Page 239 and 240:
Page 241 and 242:
Page 243 and 244:
Page 245 and 246:
Page 247 and 248:
Page 249 and 250:
Page 251 and 252:
Page 253 and 254:
Page 255 and 256:
Page 257 and 258:
Page 260:
Questionnaires
Page 263 and 264:
Page 265 and 266:
Page 267 and 268:
Page 269 and 270:
Page 271 and 272:
Page 274 and 275:
255
Page 276 and 277:
QUESTIONNAIRE 257
Page 278 and 279:
QUESTIONNAIRE 259
Page 280 and 281:
QUESTIONNAIRE 261
Page 282 and 283:
QUESTIONNAIRE 263
show all

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

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?