Lok Sabha Question No. 326 (UNSTARRED), answered on 2025-02-04
Subject: Data Regarding Foreign Direct Investment
Ministry: COMMERCE AND INDUSTRY
Asked by: Dr. K Sudhakar

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

## LOK SABHA

## UNSTARRED QUESTION NO. 326.

TO BE ANSWERED ON TUESDAY, THE 04 TH  FEBURARY, 2025.

## DATA REGARDING FOREIGN DIRECT INVESTMENT

## 326.   DR. K SUDHAKAR:

Will the Minister of COMMERCE AND INDUSTRY be pleased to state:

## वाणिज्य एवं उद्योग मंत्री

- (a) whether  there  is  any  data  regarding  increase/decrease  of  Foreign  Direct Investment (FDI) into country in recent years, if so, the details thereof and the reasons for the same;
- (b) the details of steps being taken by the Government to further liberalise India's FDI policy;
- (c) whether any data regarding the FDI received is available in the Ministry during the last five years and the current year, State/UT-wise, if so, the details thereof;
- (d) the details of steps taken by the Government to competitive attract FDI amongst States in the country;
- (e) whether there is any decrease in the import of precious metals in the country and if so, the details thereof; and
- (f) the details of steps taken by the Government for export of precious metals from India?

## ANSWER

## वाणिज्य एवं उद्योग मंत्रालय में राज्य मंत्री ( श्री णिणिन प्रसाद ) THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY (SHRI JITIN PRASADA)

- (a): Measures taken by the Government have resulted in increased FDI inflow in the country.  FDI  inflow  in  India  stood  at  USD  36.05  billion  in  FY  2013-14  and  has increased since then. India registered its highest annual FDI inflow of USD 84.84 billion in the financial year 2021-22. It has slightly declined after that due to threat of global recession, economic crisis due to geo-political conflicts and global protectionist measures. However, during the 1st half of current FY 2024-25, it has increased by 26% in comparison to 1st half of previous FY 2023-24 (i.e. from USD 33.51 billion to USD 42.10 billion). The increase/ decrease in FDI inflow depend on variety of factors such as availability of natural resource, market size, infrastructure, political  and  general  investment climate as well as macro-economic stability and investment decision of foreign investors.

The financial year wise details of total FDI inflow reported in the recent years, which includes  equity  inflow,  reinvested  earning,  other  capital,  and  equity  capital  of unincorporated bodies, are given below:

|   S. NO. | Financial Year               |   Total FDI Inflow (Amount in USD billion) |
|----------|------------------------------|--------------------------------------------|
|        1 | 2019-20                      |                                      74.39 |
|        2 | 2020-21                      |                                      81.97 |
|        3 | 2021-22                      |                                      84.84 |
|        4 | 2022-23                      |                                      71.36 |
|        5 | 2023-24                      |                                      71.28 |
|        6 | 2024-25 (upto Sept 2024) (P) |                                      42.1  |

Source: Reserve Bank of India, (P) : Provisional

- (b): The Government reviews FDI policy on an ongoing basis and makes changes from time to time after having intensive consultations with stakeholders including apex industry  chambers,  Associations,  representatives  of  industries/groups  and  other organizations  taking  into  consideration  their  views/comments.  Since  2019,  FDI policy provisions have been progressively liberalized and simplified across various sectors such as Pension, Other Financial Services, Asset reconstruction Companies, Broadcasting, Pharmaceuticals, Single Brand Retail Trading, Construction  &  Development,  Power  Exchanges,  ecommerce  activities,  Coal Mining, Contract Manufacturing, Digital Media, Civil Aviation etc. In the recent past, reforms in the FDI Policy have been undertaken in sectors such as Defence, Space, Insurance, Petroleum & Natural Gas and Telecom.
- (c): The State/UT-wise data is being maintained for FDI equity inflow since October, 2019. It excludes reinvested earning, other capital, and equity capital of unincorporated bodies. The State/UT-wise details of FDI equity inflow reported in the country since October, 2019 to September, 2024 are at Annexure-I.
- (d): FDI policy is an enabling policy and is uniformly applicable in the  country. It does not provide special dispensation to any particular State and is uniformly applicable across the country to benefit all the States.
- (e): The import of Gold and Silver have declined in Quantity terms and increased in Value terms during April-December 2024-25 as compared to the same  period  in 2023-24, while the import of Platinum has increased both in

Quantity and Value terms during the same period.

| Import             | Apr-Dec 2023-24   | Apr-Dec 2023-24   | Apr-Dec 2024-25   | Apr-Dec 2024-25   |
|--------------------|-------------------|-------------------|-------------------|-------------------|
|                    | Tonnes            | USD Bn            | Tonnes            | USD Bn            |
| Gold (HS 7108)     | 622.32            | 35.95             | 551.51            | 42.08             |
| Silver (HS 7106)   | 3337.04           | 2.41              | 2976.86           | 2.75              |
| Platinum (HS 7110) | 8.24              | 0.22              | 248.39            | 2.61              |

Source: DGCI&S

- (f): Department of Commerce, in tandem with industry stakeholders including Gem & Jewellery Export Promotion Council (GJEPC), is undertaking initiatives for export of precious metals by focusing on new markets and new products while sustaining existing major markets, to solidify India's position in Gems and Jewellery sector.

## ANNEXURE REFERRED TO IN REPLY TO PART (c) OF THE LOK SABHA UNSTARRED QUESTION NO. 326 FOR ANSWER ON 04.02.2025.

## STATE/UT-WISE & FINANCIAL YEAR WISE FDI EQUITY INFLOW FROM October 2019 TO September 2024.

## Amount (in USD Million)

| Sr. No.   | State/UT Name                            | 2019-20 (From OCT 2019)   | 2020-21   | 2021-22   | 2022-23   | 2023-24   | 2024-25 (Till SEP 2024)   |
|-----------|------------------------------------------|---------------------------|-----------|-----------|-----------|-----------|---------------------------|
| 1         | 2                                        | 3                         | 4         | 5         | 6         | 7         | 8                         |
| 1         | Maharashtra                              | 7,556.25                  | 16,169.79 | 15,438.63 | 14,806.39 | 15,115.54 | 13,551.48                 |
| 2         | Karnataka                                | 4,288.98                  | 7,670.49  | 22,071.94 | 10,429.37 | 6,570.62  | 3,542.33                  |
| 3         | Gujarat                                  | 2,591.40                  | 21,890.17 | 2,705.52  | 4,713.87  | 7,300.45  | 3,948.54                  |
| 4         | Delhi                                    | 3,998.49                  | 5,471.05  | 8,189.35  | 7,534.15  | 6,523.43  | 3,204.01                  |
| 5         | Tamil Nadu                               | 1,006.07                  | 2,323.46  | 3,003.16  | 2,168.96  | 2,436.33  | 1,622.54                  |
| 6         | Haryana                                  | 726.93                    | 1,697.01  | 2,798.48  | 2,599.57  | 1,907.79  | 1,313.14                  |
| 7         | Telangana                                | 679.86                    | 1,155.49  | 1,606.89  | 1,302.57  | 3,029.07  | 1,540.12                  |
| 8         | Jharkhand                                | 1,852.04                  | 792.06    | 6.43      | 5.62      | 10.95     | -                         |
| 9         | Rajasthan                                | 189.18                    | 272.22    | 707.09    | 909.81    | 265.43    | 148.6                     |
| 10        | West Bengal                              | 190.76                    | 415.37    | 427.77    | 394.28    | 181.49    | 113.33                    |
| 11        | Uttar Pradesh                            | 242.87                    | 421.79    | 216.97    | 419.72    | 333.61    | 65.66                     |
| 12        | Kerala                                   | 57.41                     | 212.27    | 347.77    | 164.54    | 196.7     | 310.24                    |
| 13        | Punjab                                   | 96.77                     | 644.46    | 127.01    | 93.55     | 180.08    | 56.05                     |
| 14        | Andhra Pradesh                           | 200.97                    | 85.85     | 224.96    | 284.22    | 92.13     | 197.46                    |
| 15        | Madhya Pradesh                           | 75.69                     | 206.63    | 208.53    | 39.04     | 23.59     | 40.8                      |
| 16        | Himachal Pradesh                         | 11.91                     | 10.92     | 137.99    | 34.04     | 55.55     | 47.9                      |
| 17        | Bihar                                    | 5.54                      | 45.08     | 116.47    | 47.37     | 0.16      | 0.95                      |
| 18        | Uttarakhand                              | 14.69                     | 5.3       | 103.99    | 2.88      | 60.13     | 22.97                     |
| 19        | Dadra And Nagar Haveli And Daman And Diu | 2.94                      | 5.03      | 142.07    | 17.56     | 9.24      | 2.45                      |
| 20        | Goa                                      | 64.93                     | 16.33     | 37.12     | 11.73     | 35.1      | 9.58                      |
| 21        | Odisha                                   | 13.05                     | 19.76     | 95.33     | 31.63     | 8.79      | 3.77                      |
| 22        | Chandigarh                               | 3.58                      | 10.03     | 51.37     | 13.46     | 30.88     | 1.67                      |
| 23        | Chhattisgarh                             | 0.03                      | 0.00007   | 0.98      | 2.37      | 50.5      | 38.38                     |
| 24        | Puducherry                               | 0.45                      | 58.21     | 0.19      | 4.44      | 4.76      | 0.29                      |
| 25        | Assam                                    | 2.93                      | 11.19     | 4.4       | 2.09      | 0.23      | 1.83                      |
| 26        | Arunachal Pradesh                        | 0.61                      | 4.95      | -         | -         | -         | 1.47                      |
| 27        | Jammu And Kashmir                        | -                         | 0.21      | 0.15      | 0.72      | 0.003     | 0.16                      |
| 28        | Tripura                                  | -                         | 0.43      | 0.13      | -         | 0.19      | 0.47                      |
| 29        | Meghalaya                                | -                         | -         | 1.1       | -         | 0.003     | 0.07                      |
| 30        | Ladakh                                   | -                         | 0.03      | 0.14      | 0.06      | -         | -                         |
| 31        | Nagaland                                 | -                         | -         | 0.01      | -         | -         | 0.05                      |
| 32        | Manipur                                  | -                         | -         | -         | 0.0006    | -         | -                         |
| 33        | State Not Indicated                      | 7.01                      | 19.93     | 1.32      | -         | 0.62      | 4.04                      |
|           | Total:                                   | 23,881.34                 | 59,635.54 | 58,773.27 | 46,034.05 | 44,423.35 | 29,790.35                 |

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