ALTHOUGH RBI keeps track of FDI inflows but it does not
maintain separate data of NRI Investment. The data on total FDI inflows under
automatic and approval route over the past five years is as follows:
|
Sl. No.
|
Financial Year
|
FDI Inflows (in US$ million)
|
|
1.
|
2008-09
|
26732
|
|
2.
|
2009-10
|
22458
|
|
3
|
2010-11
|
14939
|
|
4.
|
2011-12
|
23473
|
|
5.
|
2012-13
(April-Dec.2012)
|
13920
|
Major
sectors in which FDI inflows made are Service, Metallurgical Industries,
Construction Development, Information & Broadcasting, Chemicals and
Textiles.
The
policy for Foreign Direct Investment (FDI), including investment from NRIs,
permits FDI, under the automatic route, in several sectors. Investment is
promoted through dissemination of information on the investment climate and
opportunities in India and by advising prospective investors, including NRIs,
about the same. ‘Invest India', a joint venture between the Department of
Industrial Policy & Promotion and Federation of Indian Chambers of Commerce
and Industry (FICCI) acts as a facilitator, for prospective overseas investors,
including NRIs. To encourage the NRI's for investment the Overseas Indian
Facilitation Centre (OIFC) has been set up jointly by the Ministry and
Confederation of Indian Industry (CII). Overseas Indian Facilitation Centre
(OIFC) use to organise investment and interactive Meets in different countries,
and also during the Pravasi Bhartiya Divas.
This
information was given by the Minister of Overseas Indian Affairs , Mr Vayalar
Ravi in a written reply in the Lok Sabha yesterday.
|
