Lok Sabha Question No. 5340 (UNSTARRED), answered on 2023-04-05
Subject: Investment Sentiments
Ministry: COMMERCE AND INDUSTRY
Asked by: Kotha Prabhakar  Reddy

## GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT FOR PROMOTION OF INDUSTRY AND INTERNAL TRADE

## LOK SABHA

UNSTARRED QUESTION NO. 5340. TO BE ANSWERED ON WEDNESDAY, THE 05 TH  APRIL, 2023.

## INVESTMENT SENTIMENTS

## 5340.  SHRI KOTHA PRABHAKAR REDDY:

Will the Minister of COMMERCE AND INDUSTRY be pleased to state: वाणिज्य एवं उद्योग मंत्री

- (a) whether FDI in India has seen a consistent rise in the past decade, with FY 2021-22 receiving FDI inflow of $84.8 billion despite the impact of the pandemic and geo-political  developments  on  investment  sentiment  and  our  country  is seen as an emerging manufacturing hub in global value chains;
- (b) if so, the details and present status thereof;
- (c) whether in a rapidly changing geo-political environment, India's large and stable democracy and consistent reform measures are recognized by the MNCs; and
- (d) if so, the details and the present status thereof?

## ANSWER

## वाणिज्य एवं उद्योग मंत्रालय में राज्य मंत्री ( श्री सोम प्रकाश ) THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY (SHRI SOM PARKASH)

- (a): Yes, FDI in India has seen a consistent rise in the past decade. From USD 36.05 billion in 2013-14, highest ever annual FDI inflow of USD 84.84 billion (provisional) was registered in 2021-22.
- (b): The financial year wise details of total FDI inflow received since 2013-14 are at Annexure-I .
- (c): Measures taken by the Government for encouraging FDI, investment facilitation and ease of doing business have resulted in increased FDI inflow into the country, which year after year has  set up new records. Further, the total number of new foreign companies and foreign subsidiaries registered in the country have also shown increasing trend in the recent past. Make in India (MII) initiative was launched to boost manufacturing sector in September, 2014. As a result, FDI equity inflow in the manufacturing sectors in the last 8 financial years (2014-22) has increased by 44% over the corresponding period of the previous eight years (2006-14), thereby indicating that the country is seen as an emerging manufacturing hub in global value chains.
- (d): Details  of  total  number  of  new  foreign  companies  and  foreign  subsidiaries registered in India since calendar year 2020 are at Annexure- II

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ANNEXURE-I ANNEXURE  REFERRED  TO  IN  REPLY  TO  PART  (b)  OF  THE  LOK  SABHA USTARRED QUESTION NO. 5340 FOR ANSWER ON 05.04.2023 Statement on total FDI inflow since F.Y. 2013-14

(Amount in USD billion)

| Sl. No.   | Financial Year             | Total FDI inflow   | Growth    |
|-----------|----------------------------|--------------------|-----------|
| (1)       | (2)                        | (3)                | (4)       |
| 1         | 2013-14                    | 36.05              | ( + ) 5%  |
| 2         | 2014-15                    | 45.15              | ( + ) 25% |
| 3         | 2015-16                    | 55.56              | (+) 23%   |
| 4         | 2016-17                    | 60.22              | (+) 8%    |
| 5         | 2017-18                    | 60.97              | (+) 1%    |
| 6         | 2018-19                    | 62.00              | (+) 2%    |
| 7         | 2019-20                    | 74.39              | (+) 20%   |
| 8         | 2020-21                    | 81.97              | (+) 10%   |
| 9         | 2021-22 (P)                | 84.84              | (+) 3%    |
| 10        | 2022-23 (P) (upto Dec, 22) | 55.27              |           |

Note: Figures are provisional subject to reconciliation with RBI.

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ANNEXURE-II ANNEXURE  REFERRED  TO  IN  REPLY  TO  PART  (d)  OF  THE  LOK  SABHA USTARRED QUESTION NO. 5340 FOR ANSWER ON 05.04.2023

|   Total Number of New Foreign Companies and Subsidiaries Registered |   Total Number of New Foreign Companies and Subsidiaries Registered |   Total Number of New Foreign Companies and Subsidiaries Registered |
|---------------------------------------------------------------------|---------------------------------------------------------------------|---------------------------------------------------------------------|
|                                                                2020 |                                                                2021 |                                                                2022 |
|                                                                1363 |                                                                1786 |                                                                1845 |

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