TMI BlogFDI DURING FIVE YEAR PLANSX X X X Extracts X X X X X X X X Extracts X X X X ..... FDI DURING FIVE YEAR PLANS - News and Press Release Dated:- 12-3-2008 - News - Foreign Direct Investment (FDI) inflows during 9th Five Year Plan (1997-2002) was US $ 16.33 billion and during 10th Five year plan (2002- 2007), the Inflows was $ 30.80 billion. The average FDI inflows per year during the 9th Five Year Plan was US $ 3.2 billion and during the 10th Five Year Plan the average per yea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r was US $ 6.16 billion. The top five sectors attracting FDI during April 2000 to December 2007 are Services Sector, Computer software hardware, telecommunications, construction activities and automobile industry. Year wise FDI inflow in infrastructure sector during April 2000 to December 2007 is given below. The extant policy for most of the infrastructure sectors permits FDI up to 100% on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the automatic route. Statement showing FDI policy in the infrastructure sectors, is also given below. This information was given by the Minister of State for Industry, Dr. Ashwani Kumar, in a written reply in the Lok Sabha today. YEAR WISE FDI INFLOWS DURING APRIL 2000 TO DECEMBER 2007 Infrastructure Sector (Amount in US$ million) Sl No Year Amount ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1 2000-01( Apr-Mar) 292.37 2 2001-02 1,902.26 3 2002-03 347.33 4 2003-04 388.37 5 2004-05 456.00 6 2005-06 914.04 7 2006-07 2,179.39 8 2007-08(Apr-Dec) 4,095.80 Grand Total 10,575.56 Note : Amount includes the Inflows received throug ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... h SIA/FIPB route, acquisition of existing shares and RBI's automatic route only. Top of Form Bottom of Form SECTOR FDI CAP /EQUITY ENTRY ROUTE CONDITIONS Relevant Press Note issued by DIPP dipp.gov.in Airports (a) Greenfield projects 100% Automatic Subject to sectoral regulations notified by Ministry of Civil Aviation ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... www.civilaviation.nic.in PN 4 / 2006 (b) Existing projects 100% FIPB beyond 74%. Subject to sectoral regulations notified by Ministry of Civil Aviation www.civilaviation.nic.in PN 4 / 2006 Construction Development Projects, including housing, commercial premises, resorts, educational institutions, recreational facilities, city and regional leve ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l infrastructure, townships. 100% Automatic Subject to conditions notified vide Press Note 2 (2005 Series) including: a. minimum capitalization of US$ 10 million for wholly owned subsidiaries and US$ 5 million for joint venture. The funds would have to be brought within six months of commencement of business of the Company. b. Minimum area to be developed under each project ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - 10 hectares in case of development of serviced housing plots; and built-up area of 50,000 sq. mts. in case of construction development project; and any of the above in case of a combination project. [Note: For investment by NRIs, the conditions mentioned in Press Note 2 / 2005 are not applicable.] PN 2 / 2005 PN 2 / 2006 Petroleum Natural Gas Sector (a) Other than ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Refining and including market study and formulation; investment/ financing; setting up infrastructure for marketing in Petroleum Natural Gas sector. 100% Automatic Subject to sectoral regulations issued by Ministry of Petroleum Natural Gas; and in the case of actual trading and marketing of petroleum products, divestment of 26% equity in favour of Indian partner/public withi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n 5 years. www.petroleum.nic.in PN 1 / 2004 PN 4 / 2006 (b) Refining 26% in case of PSUs 100% in case of Private companies FIPB (in case of PSUs) Automatic (in case of private companies) Subject to Sectoral policy www.petroleum.nic.in PN 2 / 2000 Telecommunication (a) Basic and cellular, Unified Access Services, National/Internationa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l Long Distance, V-Sat, Public Mobile Radio Trunked Services (PMRTS), Global Mobile Personal Communications Services (GMPCS) and other value added telecom services 74% (Including FDI, FII, NRI, FCCBs, ADRs, GDRs, convertible preference shares, and proportionate foreign equity in Indian promoters/ Investing Company) Automatic up to 49%. FIPB beyond 49% Subject to guidelines notifi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed in the PN 5 / 2005 Series PN 5 / 2005 (b) ISP with gateways, radio-paging, end-to-end bandwidth. 74% Automatic up to 49%. FIPB beyond 49% Subject to licensing and security requirements notified by the Department of Telecommunications PN 4 / 2001 (c) ISP without gateway, infrastructure provider providing dark fibre, electronic mail and voice mail ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 100% Automatic up to 49%. FIPB beyond 49% Subject to the condition that such companies shall divest 26% of their equity in favour of Indian public in 5 years, if these companies are listed in other parts of the world. Also subject to licensing and security requirements, where required. PN 9 / 2005 (d) Manufacture of telecom equipments 100% Automatic S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ubject to sectoral requirements. www.dotindia.com Power including generation Sectoral (except Atomic energy); Regulations transmission, distribution and Power Trading Subject provisions of the Electricity Act, 2003 www.powermin.nic.in PN 2 / 1998, PN / 7 2000 , PN 4 / 2006 Ports 100% Automatic Subject to sectoral regulations ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... PN 2 / 2000 Roads Highways 100% Automatic Subject to sectoral regulations PN 2 / 2000 Shipping 100% Automatic Subject to sectoral regulations PN 2 / 2000 - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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