Lok Sabha Question No. 4102 (UNSTARRED), answered on 2016-08-10
Subject: Investment in S&T
Ministry: SCIENCE AND TECHNOLOGY
Asked by: RAM KUMAR SHARMA KUSHWAHA

## GOVERNMENT OF INDIA MINISTRY OF SCIENCE AND TECHNOLOGY

## DEPARTMENT OF SCIENTIFIC AND INDUSTRIAL RESEARCH

## LOK SABHA

UNSTARRED QUESTION NO. 4102

(TO BE ANSWERED ON 10.08.2016)

## INVESTMENT IN S&T

## 4102.  SHRI RAM KUMAR SHARMA:

Will the Minister of SCIENCE AND TECHNOLOGY be pleased to state:

- (a) whether  a  large  number  of  investors  are  interested  in  investing  money  in science and technology in India;
- (b) if so, the reaction of the Government in this regard;
- (c) the number of agreements signed for foreign capital investment in science and technology sector during each of the last three years and the current year; and
- (d) the details of the actual investment made during the said period?

## ANSWER

## MINISTER OF STATE OF SCIENCE AND TECHNOLOGY AND EARTH SCIENCES (SHRI Y.S. CHOWDARY)

- (a) Yes, Madam.
- (b) The Government is pleased that a large number of investors are interested in  investing  money  in  science  and  technology  in  India.  This  would  enable the Indian industries and entrepreneurs to manufacture products, equipment and machinery in various science and technology areas such as engineering, electronics, telecommunication, automotive components, renewable  energy,  biotechnology,  agriculture,  healthcare,  defense,  space etc.  and  would  contribute towards the Government's initiative on Make in India.
- (c) The  number  of  agreements  signed  for  foreign  direct  investment  in  the following  fields  of  science  and  technology  sector  during  each  of  the  last three years and the current year are:
- (d) The actual foreign direct investment made in the following fields of science and technology sector during each of the last three years and the current year are:

| Field of S&T Sector                | Number of agreements signed for foreign direct investment   | Number of agreements signed for foreign direct investment   | Number of agreements signed for foreign direct investment   | Number of agreements signed for foreign direct investment   |
|------------------------------------|-------------------------------------------------------------|-------------------------------------------------------------|-------------------------------------------------------------|-------------------------------------------------------------|
|                                    | 2013-14                                                     | 2014-15                                                     | 2015-16                                                     | 2016-17                                                     |
| Mathematical Surveying and Drawing | 1                                                           | 0                                                           | 0                                                           | 0                                                           |
| Research & Development             | 4                                                           | 2                                                           | 4                                                           | 0                                                           |
| Medical and Surgical Appliances    | 2                                                           | 5                                                           | 1                                                           | 0                                                           |

| Industrial Machinery           |   0 |   1 |   0 |   0 |
|--------------------------------|-----|-----|-----|-----|
| Scientific Instrument          |   0 |   0 |   0 |   0 |
| Technical Testing and Analysis |   0 |   0 |   0 |   0 |

| Field of S&T Sector                | Foreign Direct Investment in US $ million   | Foreign Direct Investment in US $ million   | Foreign Direct Investment in US $ million   | Foreign Direct Investment in US $ million   |
|------------------------------------|---------------------------------------------|---------------------------------------------|---------------------------------------------|---------------------------------------------|
|                                    | 2013-14                                     | 2014-15                                     | 2015-16                                     | 2016-17 Upto May                            |
| Mathematical Surveying and Drawing | 0.00                                        | 0.00                                        | 0.00                                        | 0.00                                        |
| Research & Development             | 44.82                                       | 89.07                                       | 234.56                                      | 2.97                                        |
| Medical and Surgical               | 173.48                                      | 145.93                                      | 173.26                                      | 0.43                                        |
| Industrial Machinery               | 0.53                                        | 0.85                                        | 7.42                                        | 0.00                                        |
| Scientific Instruments             | 45.08                                       | 32.34                                       | 6.36                                        | 0.19                                        |
| Technical Testing and Analysis     | 56.47                                       | 29.50                                       | 13.96                                       | 0.06                                        |
| Total                              | 320.38                                      | 297.69                                      | 435.56                                      | 3.65                                        |

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