Growth in Employment and Foreign Exchange Due to FDI

The objective behind allowing Foreign Direct Investment (FDI) is to complement and supplement domestic investment, for achieving a higher level of economic development and providing opportunities for technological upgradation, as well as access to global managerial skills and practices. Cumulative FDI inflows of US $ 1,78,059 million have been received in India between April, 2000 to September, 2010.

            Details of FDI inflows, calculated as per international best practices, including FDI equity inflows, re-invested earnings and other capital, received between 2005-06 to 2010-11 (up to September, 2010), are as under:

(Amount US$ million)

                      *Provisional

            This information was given by Shri Jyotiraditya M Scindia, Minister of State for Commerce and Industry, in a written reply in the Rajya Sabha today.