December FDI increases by 96.2%
The FDI equity inflows in the month of December 2014 are estimated at around US$2.1bn as against about US$1.1bn in December 2013, posting a growth of 96.2%(Y-o-Y). The growth in FDI equity inflows stands at around (-)6.17% in November, 116.6% in October, (-) 35.1% in Septemberand (-) 9.2% in August 2014.
Trend in FDI equity inflows over the months
Source: PHD Research Bureau compiled from Department of Industrial Policy & Promotion.
Note: FDI equity inflows are in US$mn
The total FDI equity inflows, in the period April-December 2014-15 are estimated at around US$21bn; representing an increase of around 27% over the FDI equity inflows of about US$16.5bn for the corresponding period last year.
Recent trend in FDI equity inflows (FY2015)
Financial Year 2014- 2015 (Apr - December) | Amount of FDI inflows | ||
(In Rs. Crore) | (In US$ mn) | ||
1 | Apr-14 | 10,290 | 1,705 |
2 | May-14 | 21,373 | 3,604 |
3 | Jun-14 | 11,508 | 1,927 |
4 | Jul-14 | 21,022 | 3,500 |
5 | Aug-14 | 7,783 | 1,278 |
6 | Sep-14 | 16,297 | 2,678 |
7 | Oct-14 | 16,288 | 2,655 |
8 | Nov-14 | 9,486 | 1,537 |
9 | Dec-14 | 13,562 | 2,161 |
2014-15 (up to December 2014) | 127,609 | 21,045 | |
2013-14 (up to December 2013) | 99,813 | 16,560 | |
%age growth over last year | (+) 28% | (+) 27% | |
Source: PHD Research Bureau compiled from Department of Industrial Policy & Promotion.
Mauritius tops the chart as an investing country, with the top investing sectors including the services sector (includes financial, banking, insurance, non-financial / business, outsourcing, R&D, courier, tech. testing and analysis). Also, Mumbai and New Delhi are observed to be the cities attracting the highest FDI equity inflows.
Service sector and construction development constitute the highest share in attracting FDI equity inflows during April 2000-December 2014 of around 18% and 10% respectively. Telecommunications has also been able to attract about 7% of FDI equity inflows during the same period. Computer software and hardware constitutes 6% share while Drugs and pharmaceuticals and Automobile Industry constitute 5% share in total FDI equity inflows. Chemicals (other than fertilizers), Power and Metallurgical Industries constitute share of about 4% in FDI equity inflows and lastly, Hotel and tourism constitute share of about 3% share during the period.
Sector wise contribution in FDI equity inflows (%)
Source: PHD Research Bureau, compiled from Department of Industrial Policy & Promotion.
The data represents share of sector in total FDI equity inflows for the cumulative period of April’00- December 2014
Note: ** Services sector includes financial, banking, insurance, non-financial / business, outsourcing, R&D, courier, tech. testing and analysis