Feb FDI grows around 12%
The FDI equity inflows for the month of Feb 2014 are estimated at around US$ 2.01 bn as against about US$ 1.80 bn in Feb 2013, posting a growth (Y-o-Y) of 12%. The growth in FDI equity inflows stands at around 1.5% in Jan, 0.1% in Dec 2013, 55% in Nov 2013, (-) 37.7% in Oct 2013 and (-) 12% in Sep 2013.
Trend in growth of FDI equity inflows over the months (in %)
Source: PHD Research Bureau compiled from Department of Industrial Policy & Promotion.
The total FDI equity inflows, in the period April-Feb 2013-14 are estimated at around US$ 20.8 bn; representing negative growth of around (-)0.6% over the FDI equity inflows of about US$ 20.9 bn for the corresponding period last year.
Recent trend in FDI equity inflows (FY 2014)
Financial Year 2013- 2014 (April-March) | Amount of FDI equity inflows | ||
(In Rs. Crore) | (In US$ mn) | ||
1 | Apr-13 | 12,623 | 2,322 |
2 | May-13 | 8,974 | 1,631 |
3 | Jun-13 | 8,432 | 1,444 |
4 | Jul-13 | 9,903 | 1,657 |
5 | Aug-13 | 8,899 | 1,408 |
6 | Sep-13 | 26,351 | 4,132 |
7 | Oct-13 | 7,556 | 1,226 |
8 | Nov-13 | 10,257 | 1,638 |
9 | Dec-13 | 6,819 | 1,101 |
10 | Jan- 14 | 13,589 | 2,189 |
11 | Feb-14 | 12557 | 2017 |
2013-14 (from April-Feb2014) | 125960 | 20766 | |
2012-13 (from April-Feb 2013) | 113610 | 20899 | |
%age growth over last year | 11% | (-) 0.6% | |
Source: PHD Research Bureau compiled from Department of Industrial Policy & Promotion.
Service sector and construction development constitute the highest share in attracting FDI equity inflows during April 2000 - February 2014 of around 18% and 11%, respectively. Telecommunications and Computer software & hardware posted share of 6% and drugs & pharmaceuticals constitute about 5% during the same period. Chemicals (other than fertilizers), Automobile Industry, Power and Metallurgical Industries constitute share of about 4% in FDI equity inflows and Hotel and tourism constitute share of about 3% during the same period.
Sector wise contribution in FDI equity inflows