In response to the new economic policies towards foreign investment, total foreign direct investment approvals increased by seven times in value terms in 1992 over 1991 after suffering a setback in 1990. The approvals more than doubled in 1993 to Rs.88 billion over 1992. Among countries, USA ranks highest in terms of value of investments approved. Countries with no investment interest in eighties such as Oman and Thailand have shot into prominence during the nineties.
Sectorwise analysis of Investment revels that Enegy sector attracted the highest direct investment in 1993.
The total inflow of FDI in 1993 was Rs18 bln with the highest inflow coming from NRI and USA.
A snapshot of monthly investmentsbetween January 1994 to May 1995, is presented here.
Centre for Monitoring Indian Economy, Bombay
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Last updated: August 1995.