Today, the Reserve Bank released the provisional results of the 2018-19 round of the annual census on foreign liabilities and assets (FLA) of Indian direct investment (DI) entities that have cross-border liabilities and assets arising on account of foreign direct investment (FDI) in India and/or overseas direct investment (ODI). The reporting entities include companies, limited liability partnership (LLP), alternative investment fund (AIF) and partnership firms. Of the 28,004 entities, which responded in the latest census round, 25,009 had FDI/ODI in their balance sheet in March 2019. Of these, 18,110 entities had reported in the previous census round and 6,899 reported for the first time; 2,622 entities of the previous round did not report in the latest round. At the aggregate level, foreign equity participation in inward DI companies was high as over three-fourths of them were subsidiaries of foreign companies (i.e., single foreign investor holding more than 50 per cent of total equity). The census yields comprehensive information on (a) market value of foreign liabilities and assets of Indian DI companies arising on account of FDI, ODI and other investments; and (b) other business parameters (activity sector, sales, purchase, export and import). It is important to note that changes in outstanding asset/liabilities would be different from flows recorded in the balance of payments (BoP) statistics during a year, as the former would also include valuation changes due to price, exchange rate movements and other changes. Main Findings:
-
Over 96 per cent of the DI entities were unlisted and they had larger foreign equity share in the total equity capital vis-à-vis listed companies (Tables 1 and Tables 2A).
-
FDI equity accounted for nearly 80 per cent share in total paid-up capital of non-financial FDI companies; FDI equity participation of financial FDI companies was lower at around 68 per cent (Table 2B).
-
Total FDI in India at market value increased by 13.2 per cent (in rupee terms) during 2018-19 and stood at ₹32,92,902 crore (USD 476.1 billion) at March-end 2019. Total ODI also increased by 13.2 per cent (in rupee terms at market value) to ₹5,92,930 crore (USD 85.7 billion) over the same period (Table 3). The ratio of inward to outward direct investment at market value stood at 5.6 per cent.
-
Equity participation covered nearly 94.8 per cent of FDI and 77.5 per cent of ODI. For both ODI and FDI, however, equity growth during 2018-19 was lower than that in debt.
-
Other investment liabilities of DI entities increased significantly during 2018-19 due to a surge in trade credit (Table 4).
-
The US displaced Mauritius as the largest source of FDI in India (17.8 per cent share at market value), was followed by the UK, Mauritius, Singapore and Japan (Table 5).
-
Singapore (17.8 per cent share at market value) was the largest destination of investment by Indian companies, followed by the Netherlands, the US and Mauritius (Table 6).
-
The manufacturing sector had a dominant share in FDI equity capital (face value) as well as in total FDI at market value; ‘information and communication services’ and ‘financial and insurance activities’ were other major recipients of FDI (Tables 7 and 8).
-
Total sales (including exports) of foreign subsidiaries in India increased by 17.0 per cent during 2018-19, while their total purchase (including imports) grew by 20.1 per cent (Tables 9A and 9B).
-
The share of exports to total sales of foreign subsidiaries in India was 31.0 per cent vis-à-vis 38.8 per cent import share in total purchases during 2018-19 (Tables 9C and 9D). Foreign subsidiaries in the information and communication services contributed substantially to exports.
-
Total sales (including exports) of overseas subsidiaries of Indian companies increased by 15.5 per cent during 2018-19, while their total purchase (including imports) grew by 16.1 per cent (Table 10A and 10B).
-
In the case of overseas subsidiaries of Indian companies, the share of imports in their total purchases (63.4 per cent) during 2018-19 was substantially higher than their exports in total sales (45.0 per cent) (Table 10C and 10D).
-
The difference in the purchase-to-sales ratio of overseas subsidiaries of Indian companies (77.8 per cent) vis-à-vis that for foreign subsidiaries in India (65.7 per cent) reflects the divergence in their focus areas, nature of markets and patterns of value addition.
(Yogesh Dayal) Chief General Manager Press Release: 2019-2020/2240
Table 1: Coverage in FLA Census, 2018-19 |
Category |
Types of Entity |
No. of Entities with Direct Investment |
Both Inward & Outward |
Only Inward |
Only Outward |
Total |
Unlisted |
Foreign Associate companies in India |
390 |
4,403 |
- |
4,793 |
Foreign Subsidiary companies in India |
293 |
16,181 |
- |
16,474 |
Other companies |
- |
- |
2,204 |
2,204 |
Alternative Investment Funds |
1 |
65 |
4 |
70 |
LLP* and Partnership Firms |
2 |
378 |
210 |
590 |
Total |
686 |
21,027 |
2,418 |
24,131 |
Listed |
Foreign Associate companies in India |
83 |
139 |
- |
222 |
Foreign Subsidiary companies in India |
32 |
80 |
- |
112 |
Other companies |
- |
- |
544 |
544 |
Total |
115 |
219 |
544 |
878 |
Grand Total |
801 |
21,246 |
2,962 |
25,009 |
* Limited Liabilities Partnership (LLP) |
Table 2A: Foreign Equity Participation - Listed and Unlisted FDI entities |
(amount in ₹ crore at face value, end-March 2019) |
Category |
Unlisted |
Listed |
Total |
Amount |
per cent |
Amount |
per cent |
Amount |
No. of entities (actual) |
21,713 |
98.5 |
334 |
1.5 |
22,047 |
PUC |
7,44,240 |
95.1 |
38,170 |
4.9 |
7,82,410 |
of which Equity Capital |
7,16,941 |
95.5 |
33,586 |
4.5 |
7,50,527 |
of which FDI Equity Capital |
5,98,379 |
98.2 |
10,943 |
1.8 |
6,09,322 |
Table 2B: Foreign equity participation of Financial and Non-financial FDI entities |
(amount in ₹ crore at face value, end-March 2019) |
Category |
No of Entities |
Paid Up Capital (Equity & Debt) |
Total Equity Amount (Resident & Non-Resident) |
Equity Stake exclusively under FDI scheme |
% share of FDI out of Total Equity |
Financial |
889 |
1,22,338 |
1,18,382 |
83,581 |
70.6 |
Non-Financial |
21,158 |
6,60,072 |
6,32,145 |
5,25,741 |
83.2 |
Total |
22,047 |
7,82,410 |
7,50,527 |
6,09,322 |
81.2 |
Table 3: Inward and Outward Direct Investment |
(amount in ₹ crore at market value, end-March) |
Direct Investment |
Inward |
Outward |
2018 |
2019 |
2018 |
2019 |
Equity |
27,68,620 |
31,21,385 |
4,07,013 |
4,59,576 |
Debt |
1,40,728 |
1,71,517 |
1,16,760 |
1,33,354 |
Total |
29,09,348 |
32,92,902 |
5,23,773 |
5,92,930 |
Table 4: Other Foreign liabilities/assets of Direct Investment Entities |
(amount in ₹ crore, end-March) |
Other Investment |
Outstanding liabilities with unrelated party |
Outstanding assets on unrelated party |
2018 |
2019 |
2018 |
2019 |
Trade Credits |
4,69,451 |
7,37,538 |
2,21,942 |
2,38,563 |
Loans |
6,69,098 |
7,37,647 |
2,18,071 |
1,95,558 |
Currency & Deposits |
2,85,208 |
3,11,264 |
45,764 |
73,699 |
Other receivable and payable accounts |
2,33,983 |
1,80,471 |
1,36,802 |
1,15,505 |
Total |
16,57,739 |
19,66,921 |
6,22,578 |
6,23,324 |
Table 5: Country-wise distribution of Inward Direct Investment |
(amount in ₹ crore at market value, end-March 2019) |
Country |
Total FDI |
Equity |
Debt |
2018 |
2019 |
2018 |
2019 |
2018 |
2019 |
All Countries |
29,09,348 |
32,92,902 |
27,68,620 |
31,21,385 |
1,40,728 |
1,71,517 |
of which: |
|
|
|
|
|
|
United States of America |
4,67,268 |
5,84,978 |
4,63,790 |
5,82,263 |
3,478 |
2,716 |
United Kingdom |
4,44,587 |
5,17,369 |
4,38,348 |
5,11,428 |
6,239 |
5,942 |
Mauritius |
5,06,337 |
5,09,914 |
4,79,082 |
4,79,808 |
27,255 |
30,107 |
Singapore |
3,45,729 |
4,13,174 |
3,22,129 |
3,75,736 |
23,600 |
37,438 |
Japan |
3,11,630 |
2,82,724 |
2,98,031 |
2,68,199 |
13,599 |
14,525 |
Netherlands |
1,92,713 |
2,50,491 |
1,81,941 |
2,30,014 |
10,773 |
20,477 |
Germany |
1,49,662 |
1,63,773 |
1,42,437 |
1,56,231 |
7,225 |
7,543 |
Switzerland |
1,37,248 |
1,59,576 |
1,33,969 |
1,57,130 |
3,279 |
2,446 |
Republic of Korea |
70,988 |
79,578 |
51,100 |
59,445 |
19,888 |
20,133 |
France |
42,960 |
48,135 |
40,348 |
45,182 |
2,612 |
2,953 |
Other countries |
2,40,226 |
2,83,190 |
2,17,445 |
2,55,949 |
22,780 |
27,237 |
Table 6: Country-wise distribution of ODI stock |
(amount in ₹ crore at market value, end-March 2019) |
Country |
Total ODI |
Equity |
Debt |
2018 |
2019 |
2018 |
2019 |
2018 |
2019 |
All Countries |
5,23,773 |
5,92,930 |
4,07,013 |
4,59,576 |
1,16,760 |
1,33,354 |
of which: |
|
|
|
|
|
|
Singapore |
85,881 |
1,05,256 |
69,089 |
80,117 |
16,793 |
25,139 |
Netherlands |
81,511 |
89,645 |
67,882 |
70,671 |
13,629 |
18,973 |
United States of America |
72,673 |
79,732 |
49,433 |
58,749 |
23,240 |
20,983 |
Mauritius |
65,460 |
66,679 |
47,597 |
49,313 |
17,864 |
17,366 |
United Arab Emirates |
34,899 |
41,956 |
25,054 |
31,958 |
9,845 |
9,998 |
United Kingdom |
27,767 |
37,337 |
22,984 |
31,272 |
4,783 |
6,065 |
Jersey |
13,732 |
20,117 |
13,683 |
20,068 |
49 |
49 |
Cyprus |
20,008 |
18,959 |
19,017 |
17,773 |
992 |
1,186 |
Cayman Islands |
11,751 |
13,105 |
11,743 |
13,016 |
8 |
89 |
Switzerland |
14,756 |
17,612 |
9,409 |
9,843 |
5,348 |
7,769 |
Other countries |
95,335 |
1,02,532 |
71,122 |
76,796 |
24,209 |
25,737 |
Table 7: Activity-wise equity participation of the Indian entities |
(amount in ₹ crore at face value, end-March 2019) |
Activity |
Total Equity (Including Resident & Non-Resident) |
Equity Stake under FDI Scheme |
% share of FDI in Total Equity |
1. Agriculture-related, Plantations & Allied activities |
1,838 |
1,698 |
92.4 |
2. Mining |
1,657 |
1,390 |
83.9 |
3. Manufacturing |
3,21,314 |
2,81,560 |
87.6 |
4. Electricity, gas, steam and air conditioning supply |
47,545 |
27,136 |
57.1 |
5. Water supply; sewerage, waste management and remediation activities |
1,996 |
1,792 |
89.8 |
6. Construction |
25,160 |
19,647 |
78.1 |
7.Information and communication |
58,874 |
45,448 |
77.2 |
8.Other Services |
2,92,143 |
2,30,651 |
79.0 |
Total |
7,50,527 |
6,09,322 |
81.2 |
Note: 1. An entity is classified to an activity from which it has earned major revenue, if it has more than one activity [National Industrial Classification (NIC) code]. 2. Components may not add up to the total due to rounding off (applicable for all tables). |
Table 8: Activity-wise distribution in 22,047 FDI entities |
(amount in ₹ crore at market value, end-March 2019) |
Activity |
No. of entities |
Equity |
Debt |
Total |
A. Agriculture-related, Plantations & Allied activities |
105 |
7,060 |
188 |
7,248 |
B. Mining |
133 |
6,456 |
447 |
6,903 |
C. Manufacturing |
5,306 |
16,64,304 |
85,668 |
17,49,972 |
1. Food products |
239 |
1,48,077 |
5,546 |
1,53,623 |
2. Beverages |
55 |
42,006 |
1,002 |
43,008 |
3.Tobacco products |
5 |
90,170 |
0 |
90,170 |
4. Textiles |
134 |
2,991 |
77 |
3,068 |
5. Wearing Apparel |
67 |
17,401 |
645 |
18,046 |
6. Leather and related products |
33 |
10,074 |
95 |
10,169 |
7. Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials |
7 |
8 |
23 |
31 |
8. Manufacture of paper and paper products |
55 |
4,797 |
959 |
5,756 |
9. Printing and reproduction of recorded media |
25 |
489 |
3 |
492 |
10. Coke and refined petroleum products |
26 |
41,675 |
128 |
41,803 |
11. Chemicals and chemical products |
375 |
1,26,472 |
4,102 |
1,30,574 |
12. Pharmaceuticals, medicinal and chemical products |
279 |
1,01,542 |
15,201 |
1,16,743 |
13. Rubber and plastics products |
225 |
26,677 |
1,764 |
28,441 |
14. Other non-metallic mineral products |
64 |
54,550 |
292 |
54,842 |
15. Basic metals |
99 |
64,715 |
3,252 |
67,967 |
16. Fabricated metal products, except machinery and equipment |
195 |
12,744 |
1,264 |
14,008 |
17. Computer, electronic and optical products |
182 |
62,669 |
15,135 |
77,804 |
18. Electrical equipment |
372 |
81,108 |
2,645 |
83,753 |
19. Machinery and equipment n.e.c. |
892 |
1,12,870 |
6,597 |
1,19,467 |
20. Motor vehicles, trailers and semi-trailers |
213 |
2,17,268 |
11,297 |
2,28,565 |
21. Other transport equipment |
127 |
28,331 |
1,260 |
29,591 |
22. Furniture |
34 |
325 |
99 |
424 |
23. Other manufacturing |
1,407 |
4,14,056 |
13,857 |
4,27,913 |
24. Repair and installation of machinery and equipment |
196 |
3,289 |
425 |
3,714 |
D. Electricity, gas, steam and air conditioning supply |
630 |
59,016 |
13,520 |
72,536 |
E. Water supply; sewerage, waste management and remediation activities |
120 |
2,745 |
66 |
2,811 |
F. Construction |
882 |
41,009 |
17,577 |
58,586 |
G. Services |
14,871 |
13,40,795 |
54,051 |
13,94,846 |
1. Wholesale and retail trade; repair of motor vehicles and motorcycles |
2,114 |
80,341 |
25,568 |
1,05,909 |
2. Transportation and storage |
531 |
58,958 |
1,264 |
60,222 |
3. Accommodation and Food service activities |
507 |
24,292 |
2,005 |
26,297 |
4. Information and communication |
5,478 |
5,41,385 |
7,206 |
5,48,591 |
5. Financial and insurance activities |
890 |
4,53,992 |
8,175 |
4,62,167 |
6. Real estate activities |
260 |
18,882 |
2,083 |
20,965 |
7. Other Services activities |
5,091 |
1,62,945 |
7,750 |
1,70,695 |
Total |
22,047 |
31,21,385 |
1,71,517 |
32,92,902 |
Table 9A: Activity-wise Sales of 16,586* Foreign subsidiary companies in India |
(amount in ₹ crore) |
Activity |
No. of entities |
2017-18 |
2018-19 |
% Share in Total (2018-19) |
A. Agriculture-related, Plantations & Allied activities |
47 |
6,585 |
7,081 |
0.2 |
B. Mining |
41 |
1,598 |
2,142 |
0.1 |
C. Manufacturing |
3,258 |
13,53,522 |
15,78,207 |
54.3 |
1. Food products |
132 |
58,190 |
62,917 |
2.2 |
2. Beverages |
24 |
34,495 |
38,605 |
1.3 |
3. Tobacco products |
0 |
0 |
0 |
0.0 |
4. Textiles |
53 |
4,830 |
5,555 |
0.2 |
5. Wearing Apparel |
30 |
3,980 |
4,396 |
0.2 |
6. Leather and related products |
20 |
3,989 |
4,557 |
0.2 |
7. Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials |
5 |
57 |
57 |
0.0 |
8. Manufacture of paper and paper products |
32 |
14,362 |
10,067 |
0.3 |
9. Printing and reproduction of recorded media |
15 |
668 |
579 |
0.0 |
10. Coke and refined petroleum products |
13 |
17,622 |
20,212 |
0.7 |
11. Chemicals and chemical products |
232 |
78,067 |
90,619 |
3.1 |
12. Pharmaceuticals, medicinal and chemical products |
133 |
44,627 |
50,962 |
1.8 |
13. Rubber and plastics products |
146 |
29,217 |
33,068 |
1.1 |
14. Other non-metallic mineral products |
41 |
19,097 |
20,154 |
0.7 |
15. Basic metals |
46 |
42,623 |
50,933 |
1.8 |
16. Fabricated metal products, except machinery and equipment |
109 |
12,578 |
15,653 |
0.5 |
17. Computer, electronic and optical products |
104 |
1,40,014 |
1,82,563 |
6.3 |
18. Electrical equipment |
254 |
83,811 |
99,434 |
3.4 |
19. Machinery and equipment n.e.c. |
607 |
1,09,671 |
1,32,164 |
4.6 |
20. Motor vehicles, trailers and semi-trailers |
135 |
3,00,703 |
3,27,660 |
11.3 |
21. Other transport equipment |
83 |
37,422 |
43,270 |
1.5 |
22. Furniture |
23 |
1,152 |
1,219 |
0.0 |
23. Other manufacturing |
877 |
3,09,863 |
3,76,258 |
13.0 |
24. Repair and installation of machinery and equipment |
144 |
6,484 |
7,305 |
0.3 |
D. Electricity, gas, steam and air conditioning supply |
224 |
20,158 |
22,052 |
0.8 |
E. Water supply; sewerage, waste management and remediation activities |
64 |
2,202 |
3,023 |
0.1 |
F. Construction |
334 |
25,133 |
31,380 |
1.1 |
G. Services |
9,791 |
10,73,109 |
12,59,924 |
43.4 |
1. Wholesale and retail trade; repair of motor vehicles and motorcycles |
1,464 |
3,08,016 |
3,58,400 |
12.3 |
2. Transportation and storage |
316 |
58,776 |
68,201 |
2.3 |
3. Accommodation and Food service activities |
192 |
9,499 |
15,383 |
0.5 |
4. Information and communication |
4,022 |
4,80,770 |
5,56,285 |
19.2 |
5. Financial and insurance activities |
323 |
34,975 |
43,984 |
1.5 |
6. Real estate activities |
61 |
5,542 |
6,741 |
0.2 |
7. Other Services activities |
3,413 |
1,75,531 |
2,10,930 |
7.3 |
Total |
13,759 |
24,82,307 |
29,03,809 |
100.0 |
*Of the 16,586 subsidiary companies, 13,759 reported sales |
Table 9B: Activity-wise Purchase of 16,586* Foreign subsidiary companies in India |
(amount in ₹ crore) |
Activity |
No. of entities |
2017-18 |
2018-19 |
% Share in Total (2018-19) |
A. Agriculture-related, Plantations & Allied activities |
35 |
4,417 |
5,049 |
0.3 |
B. Mining |
30 |
2,258 |
1,541 |
0.1 |
C. Manufacturing |
3,040 |
9,29,916 |
1,122,121 |
58.8 |
1. Food products |
123 |
41,002 |
42,984 |
2.3 |
2. Beverages |
23 |
18,518 |
14,705 |
0.8 |
3. Tobacco products |
0 |
0 |
0 |
0.0 |
4. Textiles |
45 |
2,891 |
3,266 |
0.2 |
5. Wearing Apparel |
25 |
2,566 |
2,675 |
0.1 |
6. Leather and related products |
18 |
1,967 |
2,188 |
0.1 |
7. Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials |
4 |
38 |
31 |
0.0 |
8. Manufacture of paper and paper products |
30 |
5,746 |
7,271 |
0.4 |
9. Printing and reproduction of recorded media |
9 |
122 |
212 |
0.0 |
10. Coke and refined petroleum products |
12 |
10,073 |
10,977 |
0.6 |
11. Chemicals and chemical products |
216 |
49,179 |
60,679 |
3.2 |
12. Pharmaceuticals, medicinal and chemical products |
125 |
30,296 |
34,655 |
1.8 |
13. Rubber and plastics products |
143 |
18,710 |
22,137 |
1.2 |
14. Other non-metallic mineral products |
37 |
12,749 |
13,684 |
0.7 |
15. Basic metals |
43 |
45,155 |
47,823 |
2.5 |
16. Fabricated metal products, except machinery and equipment |
107 |
8,423 |
10,744 |
0.6 |
17. Computer, electronic and optical products |
97 |
89,133 |
1,20,151 |
6.3 |
18. Electrical equipment |
242 |
56,430 |
69,282 |
3.6 |
19. Machinery and equipment n.e.c. |
567 |
75,179 |
92,177 |
4.8 |
20. Motor vehicles, trailers and semi-trailers |
128 |
2,23,889 |
2,48,326 |
13.0 |
21. Other transport equipment |
80 |
24,907 |
28,898 |
1.5 |
22. Furniture |
22 |
579 |
743 |
0.0 |
23. Other manufacturing |
821 |
2,08,706 |
2,84,451 |
14.9 |
24. Repair and installation of machinery and equipment |
123 |
3,658 |
4,062 |
0.2 |
D. Electricity, gas, steam and air conditioning supply |
115 |
14,197 |
15,520 |
0.8 |
E. Water supply; sewerage, waste management and remediation activities |
54 |
1,139 |
1,668 |
0.1 |
F. Construction |
264 |
19,554 |
20,967 |
1.1 |
G. Services |
5,029 |
6,16,173 |
7,40,465 |
38.8 |
1. Wholesale and retail trade; repair of motor vehicles and motorcycles |
1,319 |
2,62,918 |
3,13,537 |
16.4 |
2. Transportation and storage |
227 |
31,930 |
36,102 |
1.9 |
3. Accommodation and Food service activities |
158 |
4,058 |
5,159 |
0.3 |
4. Information and communication |
1,422 |
2,02,218 |
2,41,849 |
12.7 |
5. Financial and insurance activities |
173 |
14,880 |
19,256 |
1.0 |
6. Real estate activities |
49 |
4,720 |
5,191 |
0.3 |
7. Other Services activities |
1,681 |
95,449 |
1,19,371 |
6.3 |
Total |
8,567 |
15,87,654 |
19,07,331 |
100.0 |
* Of the 16,586 subsidiary companies, 8,567 reported purchase |
Table 9C: Activity-wise Export of 16,586* Foreign subsidiary companies in India |
(amount in ₹ crore) |
Activity |
2017-18 |
2018-19 |
Amount |
Amount |
% Share in Total |
% Share in Sales |
A. Agriculture-related, Plantations & Allied activities |
353 |
585 |
0.1 |
8.3 |
B. Mining |
209 |
259 |
0.0 |
12.1 |
C. Manufacturing |
2,56,665 |
2,94,866 |
32.8 |
18.7 |
1. Food products |
7,607 |
7,345 |
0.8 |
11.7 |
2. Beverages |
263 |
321 |
0.0 |
0.8 |
3. Tobacco products |
0 |
0 |
0 |
- |
4. Textiles |
1,748 |
2,037 |
0.2 |
36.7 |
5. Wearing Apparel |
1,725 |
1,922 |
0.2 |
43.7 |
6. Leather and related products |
362 |
413 |
0.0 |
9.1 |
7. Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials |
4 |
8 |
0.0 |
14.0 |
8. Manufacture of paper and paper products |
7,241 |
1,790 |
0.2 |
17.8 |
9. Printing and reproduction of recorded media |
253 |
278 |
0.0 |
48.0 |
10. Coke and refined petroleum products |
4,585 |
5,704 |
0.6 |
28.2 |
11. Chemicals and chemical products |
11,936 |
14,182 |
1.6 |
15.7 |
12. Pharmaceuticals, medicinal and chemical products |
23,247 |
26,671 |
3.0 |
52.3 |
13. Rubber and plastics products |
5,313 |
6,408 |
0.7 |
19.4 |
14. Other non-metallic mineral products |
1,835 |
1,893 |
0.2 |
9.4 |
15. Basic metals |
7,903 |
6,335 |
0.7 |
12.4 |
16. Fabricated metal products, except machinery and equipment |
2,867 |
3,388 |
0.4 |
21.6 |
17. Computer, electronic and optical products |
19,793 |
36,826 |
4.1 |
20.2 |
18. Electrical equipment |
17,618 |
19,403 |
2.2 |
19.5 |
19. Machinery and equipment n.e.c. |
26,387 |
30,618 |
3.4 |
23.2 |
20. Motor vehicles, trailers and semi-trailers |
61,027 |
64,700 |
7.2 |
19.7 |
21. Other transport equipment |
11,903 |
14,938 |
1.7 |
34.5 |
22. Furniture |
456 |
345 |
0.0 |
28.3 |
23. Other manufacturing |
41,176 |
47,545 |
5.3 |
12.6 |
24. Repair and installation of machinery and equipment |
1,416 |
1,796 |
0.2 |
24.6 |
D. Electricity, gas, steam and air conditioning supply |
726 |
1,267 |
0.1 |
5.7 |
E. Water supply; sewerage, waste management and remediation activities |
199 |
184 |
0.0 |
6.1 |
F. Construction |
1,101 |
1,363 |
0.2 |
4.3 |
G. Services |
5,09,848 |
6,00,274 |
66.8 |
47.6 |
1. Wholesale and retail trade; repair of motor vehicles and motorcycles |
51,728 |
68,503 |
7.6 |
19.1 |
2. Transportation and storage |
10,037 |
11,697 |
1.3 |
17.2 |
3. Accommodation and Food service activities |
984 |
1,508 |
0.2 |
9.8 |
4. Information and communication |
3,55,647 |
4,09,199 |
45.5 |
73.6 |
5. Financial and insurance activities |
11,086 |
12,956 |
1.4 |
29.5 |
6. Real estate activities |
65 |
104 |
0.0 |
1.5 |
7. Other Services activities |
80,301 |
96,307 |
10.7 |
45.7 |
Total |
7,69,101 |
8,98,798 |
100.0 |
31.0 |
* Of the 16,586 subsidiary companies, 10,030 reported exports |
Table 9D: Activity-wise Import of 16,586* Foreign Subsidiary Companies in India |
(amount in ₹ crore) |
Activity |
2017-18 |
2018-19 |
Amount |
Amount |
% Share in Total |
% Share in Purchase |
A. Agriculture-related, Plantations & Allied activities |
604 |
705 |
0.1 |
14.0 |
B. Mining |
1,139 |
407 |
0.1 |
26.4 |
C. Manufacturing |
3,99,927 |
5,12,108 |
69.1 |
45.6 |
1. Food products |
10,343 |
11,077 |
1.5 |
25.8 |
2. Beverages |
937 |
1,214 |
0.2 |
8.3 |
3. Tobacco products |
0 |
0 |
0.0 |
0.0 |
4. Textiles |
1,053 |
1,215 |
0.2 |
37.2 |
5. Wearing Apparel |
913 |
854 |
0.1 |
31.9 |
6. Leather and related products |
629 |
750 |
0.1 |
34.3 |
7. Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials |
8 |
4 |
0.0 |
12.9 |
8. Manufacture of paper and paper products |
2,025 |
2,166 |
0.3 |
29.8 |
9. Printing and reproduction of recorded media |
51 |
68 |
0.0 |
32.1 |
10. Coke and refined petroleum products |
5,050 |
4,774 |
0.6 |
43.5 |
11. Chemicals and chemical products |
26,071 |
34,495 |
4.7 |
56.8 |
12. Pharmaceuticals, medicinal and chemical products |
14,879 |
17,961 |
2.4 |
51.8 |
13. Rubber and plastics products |
8,696 |
9,917 |
1.3 |
44.8 |
14. Other non-metallic mineral products |
2,970 |
2,955 |
0.4 |
21.6 |
15. Basic metals |
11,898 |
16,367 |
2.2 |
34.2 |
16. Fabricated metal products, except machinery and equipment |
2,371 |
3,133 |
0.4 |
29.2 |
17. Computer, electronic and optical products |
68,717 |
92,518 |
12.5 |
77.0 |
18. Electrical equipment |
25,396 |
31,928 |
4.3 |
46.1 |
19. Machinery and equipment n.e.c. |
26,720 |
35,419 |
4.8 |
38.4 |
20. Motor vehicles, trailers and semi-trailers |
45,361 |
52,091 |
7.0 |
21.0 |
21. Other transport equipment |
9,937 |
12,476 |
1.7 |
43.2 |
22. Furniture |
293 |
372 |
0.1 |
50.1 |
23. Other manufacturing |
1,33,947 |
1,78,357 |
24.1 |
62.7 |
24. Repair and installation of machinery and equipment |
1,662 |
1,997 |
0.3 |
49.2 |
D. Electricity, gas, steam and air conditioning supply |
5,879 |
6,163 |
0.8 |
39.7 |
E. Water supply; sewerage, waste management and remediation activities |
168 |
256 |
0.0 |
15.3 |
F. Construction |
1,820 |
2,317 |
0.3 |
11.1 |
G. Services |
1,78,580 |
2,19,031 |
29.6 |
29.6 |
1. Wholesale and retail trade; repair of motor vehicles and motorcycles |
1,18,117 |
1,41,506 |
19.1 |
45.1 |
2. Transportation and storage |
5,459 |
6,463 |
0.9 |
17.9 |
3. Accommodation and Food service activities |
719 |
874 |
0.1 |
16.9 |
4. Information and communication |
41,045 |
52,574 |
7.1 |
21.7 |
5. Financial and insurance activities |
965 |
1,392 |
0.2 |
7.2 |
6. Real estate activities |
72 |
76 |
0.0 |
1.5 |
7. Other Services activities |
12,203 |
16,146 |
2.2 |
13.5 |
Total |
5,88,117 |
7,40,987 |
100.0 |
38.8 |
* Of the 16,586 subsidiary companies, 5,964 reported imports |
Table 10A: Activity-wise Sales of 5,236 Overseas Subsidiaries of 3,135 Indian entities |
(amount in ₹ crore) |
Activity |
No. of Companies |
2017-18 |
2018-19 |
% Share in Total (2018-19) |
A. Agriculture-related, Plantations & Allied activities |
17 |
813 |
1,516 |
0.2 |
B. Mining |
62 |
5,126 |
8,009 |
1.2 |
C. Manufacturing |
1,018 |
2,29,245 |
3,03,446 |
47.3 |
1. Food products |
50 |
6,732 |
5,514 |
0.9 |
2. Beverages |
9 |
2,913 |
3,842 |
0.6 |
3. Tobacco products |
6 |
133 |
160 |
0.0 |
4. Textiles |
47 |
2,171 |
1,998 |
0.3 |
5. Wearing Apparel |
23 |
2,096 |
2,726 |
0.4 |
6. Leather and related products |
14 |
4,589 |
5,039 |
0.8 |
7. Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials |
10 |
429 |
455 |
0.1 |
8. Manufacture of paper and paper products |
9 |
540 |
646 |
0.1 |
9. Printing and reproduction of recorded media |
4 |
166 |
179 |
0.0 |
10. Coke and refined petroleum products |
8 |
43,487 |
94,654 |
14.8 |
11. Chemicals and chemical products |
100 |
28,704 |
29,921 |
4.7 |
12. Pharmaceuticals, medicinal and chemical products |
133 |
37,267 |
44,320 |
6.9 |
13. Rubber and plastics products |
46 |
2,034 |
2,520 |
0.4 |
14. Other non-metallic mineral products |
12 |
1,017 |
1,260 |
0.2 |
15. Basic metals |
33 |
5,936 |
4,189 |
0.7 |
16. Fabricated metal products, except machinery and equipment |
25 |
3,625 |
4,491 |
0.7 |
17. Computer, electronic and optical products |
16 |
2,312 |
2,274 |
0.4 |
18. Electrical equipment |
45 |
1,680 |
1,893 |
0.3 |
19. Machinery and equipment n.e.c. |
91 |
5,256 |
7,450 |
1.2 |
20. Motor vehicles, trailers and semi-trailers |
20 |
29,688 |
32,837 |
5.1 |
21. Other transport equipment |
16 |
2,099 |
2,621 |
0.4 |
22. Furniture |
3 |
71 |
252 |
0.0 |
23. Other manufacturing |
290 |
46,111 |
54,020 |
8.4 |
24. Repair and installation of machinery and equipment |
8 |
189 |
185 |
0.0 |
D. Electricity, gas, steam and air conditioning supply |
46 |
994 |
1,631 |
0.3 |
E. Water supply; sewerage, waste management and remediation activities |
6 |
962 |
632 |
0.1 |
F. Construction |
86 |
4,606 |
6,448 |
1.0 |
G. Services |
1,900 |
3,13,355 |
3,19,717 |
49.8 |
1. Wholesale and retail trade; repair of motor vehicles and motorcycles |
253 |
46,778 |
50,384 |
7.9 |
2. Transportation and storage |
77 |
9,179 |
13,682 |
2.1 |
3. Accommodation and Food service activities |
59 |
474 |
642 |
0.1 |
4. Information and communication |
759 |
2,06,015 |
1,89,501 |
29.5 |
5. Financial and insurance activities |
186 |
10,394 |
16,312 |
2.5 |
6. Real estate activities |
71 |
931 |
939 |
0.1 |
7. Other Services activities |
495 |
39,584 |
48,257 |
7.5 |
Total |
3,135 |
5,55,101 |
6,41,399 |
100.0 |
Table 10B: Activity-wise Purchase of 5,236 Overseas Subsidiaries of 3,135 Indian entities |
(amount in ₹ crore) |
Activity |
No. of Companies |
2017-18 |
2018-19 |
% Share in Total (2018-19) |
A. Agriculture-related, Plantations & Allied activities |
17 |
817 |
1,117 |
0.2 |
B. Mining |
62 |
2,797 |
3,249 |
0.7 |
C. Manufacturing |
1,018 |
1,92,823 |
2,60,633 |
52.2 |
1. Food products |
50 |
6,830 |
4,297 |
0.9 |
2. Beverages |
9 |
1,086 |
1,579 |
0.3 |
3. Tobacco products |
6 |
132 |
153 |
0.0 |
4. Textiles |
47 |
1,589 |
1,452 |
0.3 |
5. Wearing Apparel |
23 |
1,611 |
2,216 |
0.4 |
6. Leather and related products |
14 |
3,811 |
4,198 |
0.8 |
7. Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials |
10 |
376 |
431 |
0.1 |
8. Manufacture of paper and paper products |
9 |
427 |
505 |
0.1 |
9. Printing and reproduction of recorded media |
4 |
163 |
110 |
0.0 |
10. Coke and refined petroleum products |
8 |
43,236 |
92,721 |
18.6 |
11. Chemicals and chemical products |
100 |
23,318 |
27,118 |
5.4 |
12. Pharmaceuticals, medicinal and chemical products |
133 |
27,225 |
30,384 |
6.1 |
13. Rubber and plastics products |
46 |
1,593 |
2,213 |
0.4 |
14. Other non-metallic mineral products |
12 |
638 |
697 |
0.1 |
15. Basic metals |
33 |
5,683 |
4,668 |
0.9 |
16. Fabricated metal products, except machinery and equipment |
25 |
2,626 |
3,644 |
0.7 |
17. Computer, electronic and optical products |
16 |
1,982 |
2,086 |
0.4 |
18. Electrical equipment |
45 |
1,340 |
1,480 |
0.3 |
19. Machinery and equipment n.e.c. |
91 |
3,528 |
4,955 |
1.0 |
20. Motor vehicles, trailers and semi-trailers |
20 |
27,516 |
30,867 |
6.2 |
21. Other transport equipment |
16 |
1,623 |
1,759 |
0.4 |
22. Furniture |
3 |
125 |
159 |
0.0 |
23. Other manufacturing |
290 |
36,315 |
42,912 |
8.6 |
24. Repair and installation of machinery and equipment |
8 |
50 |
29 |
0.0 |
D. Electricity, gas, steam and air conditioning supply |
46 |
600 |
688 |
0.1 |
E. Water supply; sewerage, waste management and remediation activities |
6 |
685 |
595 |
0.1 |
F. Construction |
86 |
3,514 |
4,178 |
0.8 |
G. Services |
1,900 |
2,28,779 |
2,28,670 |
45.8 |
1. Wholesale and retail trade; repair of motor vehicles and motorcycles |
253 |
41,895 |
44,493 |
8.9 |
2. Transportation and storage |
77 |
8,111 |
12,619 |
2.5 |
3. Accommodation and Food service activities |
59 |
222 |
424 |
0.1 |
4. Information and communication |
759 |
1,35,385 |
1,08,992 |
21.8 |
5. Financial and insurance activities |
186 |
9,263 |
19,100 |
3.8 |
6. Real estate activities |
71 |
791 |
876 |
0.2 |
7. Other Services activities |
495 |
33,112 |
42,166 |
8.4 |
Total |
3,135 |
4,30,015 |
4,99,130 |
100.0 |
Table 10C: Activity-wise Exports of 5,236 Overseas Subsidiaries of 3,135 Indian entities |
(amount in ₹ crore) |
Activity |
2017-18 |
2018-19 |
Amount |
Amount |
% Share in Total |
% Share in Sales |
A. Agriculture-related, Plantations & Allied activities |
338 |
446 |
0.2 |
29.4 |
B. Mining |
1,524 |
1,435 |
0.5 |
17.9 |
C. Manufacturing |
92,964 |
1,54,705 |
53.6 |
51.0 |
1. Food products |
3,221 |
2,459 |
0.9 |
44.6 |
2. Beverages |
709 |
727 |
0.3 |
18.9 |
3. Tobacco products |
133 |
160 |
0.1 |
0.0 |
4. Textiles |
883 |
895 |
0.3 |
44.8 |
5. Wearing Apparel |
1,816 |
2,281 |
0.8 |
83.7 |
6. Leather and related products |
4,156 |
4,585 |
1.6 |
91.0 |
7. Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials |
392 |
416 |
0.1 |
91.4 |
8. Manufacture of paper and paper products |
409 |
482 |
0.2 |
74.6 |
9. Printing and reproduction of recorded media |
118 |
65 |
0.0 |
36.3 |
10. Coke and refined petroleum products |
39,413 |
90,683 |
31.4 |
95.8 |
11. Chemicals and chemical products |
7,779 |
12,032 |
4.2 |
40.2 |
12. Pharmaceuticals, medicinal and chemical products |
7,589 |
8,442 |
2.9 |
19.0 |
13. Rubber and plastics products |
975 |
1,092 |
0.4 |
43.3 |
14. Other non-metallic mineral products |
104 |
110 |
0.0 |
8.7 |
15. Basic metals |
190 |
252 |
0.1 |
6.0 |
16. Fabricated metal products, except machinery and equipment |
2,151 |
2,576 |
0.9 |
57.4 |
17. Computer, electronic and optical products |
1,991 |
1,638 |
0.6 |
72.0 |
18. Electrical equipment |
461 |
768 |
0.3 |
40.6 |
19. Machinery and equipment n.e.c. |
1,520 |
1,661 |
0.6 |
22.3 |
20. Motor vehicles, trailers and semi-trailers |
5,651 |
6,283 |
2.2 |
19.1 |
21. Other transport equipment |
637 |
945 |
0.3 |
36.1 |
22. Furniture |
66 |
44 |
0.0 |
17.5 |
23. Other manufacturing |
12,579 |
16,051 |
5.6 |
29.7 |
24. Repair and installation of machinery and equipment |
21 |
58 |
0.0 |
31.4 |
D. Electricity, gas, steam and air conditioning supply |
482 |
1,188 |
0.4 |
72.8 |
E. Water supply; sewerage, waste management and remediation activities |
12 |
13 |
0.0 |
2.1 |
F. Construction |
2,493 |
3,487 |
1.2 |
54.1 |
G. Services |
1,02,283 |
1,27,199 |
44.1 |
39.8 |
1. Wholesale and retail trade; repair of motor vehicles and motorcycles |
37,000 |
39,858 |
13.8 |
79.1 |
2. Transportation and storage |
6,549 |
10,575 |
3.7 |
77.3 |
3. Accommodation and Food service activities |
90 |
153 |
0.1 |
23.8 |
4. Information and communication |
25,804 |
34,331 |
11.9 |
18.1 |
5. Financial and insurance activities |
4,516 |
6,483 |
2.2 |
39.7 |
6. Real estate activities |
741 |
730 |
0.3 |
77.7 |
7. Other Services activities |
27,583 |
35,069 |
12.2 |
72.7 |
Total |
2,00,096 |
2,88,473 |
100.0 |
45.0 |
Table 10D: Activity-wise Imports of 5,236 Overseas Subsidiaries of 3,135 Indian entities |
(amount in ₹ crore) |
Activity |
2017-18 |
2018-19 |
Amount |
Amount |
% Share in Total |
% Share in Purchase |
A. Agriculture-related, Plantations & Allied activities |
388 |
778 |
0.2 |
69.7 |
B. Mining |
625 |
685 |
0.2 |
21.1 |
C. Manufacturing |
1,13,087 |
1,76,812 |
55.9 |
67.8 |
1. Food products |
4,241 |
2,547 |
0.8 |
59.3 |
2. Beverages |
188 |
320 |
0.1 |
20.3 |
3. Tobacco products |
125 |
145 |
0.0 |
0.0 |
4. Textiles |
1,418 |
1,274 |
0.4 |
87.7 |
5. Wearing Apparel |
413 |
774 |
0.2 |
34.9 |
6. Leather and related products |
3,594 |
4,019 |
1.3 |
95.7 |
7. Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials |
134 |
202 |
0.1 |
46.9 |
8. Manufacture of paper and paper products |
193 |
217 |
0.1 |
43.0 |
9. Printing and reproduction of recorded media |
123 |
50 |
0.0 |
45.5 |
10. Coke and refined petroleum products |
41,495 |
89,300 |
28.2 |
96.3 |
11. Chemicals and chemical products |
10,734 |
14,771 |
4.7 |
54.5 |
12. Pharmaceuticals, medicinal and chemical products |
18,784 |
22,465 |
7.1 |
73.9 |
13. Rubber and plastics products |
1,258 |
1,326 |
0.4 |
59.9 |
14. Other non-metallic mineral products |
73 |
133 |
0.0 |
19.1 |
15. Basic metals |
964 |
2,488 |
0.8 |
53.3 |
16. Fabricated metal products, except machinery and equipment |
1,699 |
2,659 |
0.8 |
73.0 |
17. Computer, electronic and optical products |
1,450 |
1,624 |
0.5 |
77.9 |
18. Electrical equipment |
690 |
768 |
0.2 |
51.9 |
19. Machinery and equipment n.e.c. |
1,378 |
1,421 |
0.4 |
28.7 |
20. Motor vehicles, trailers and semi-trailers |
5,864 |
5,651 |
1.8 |
18.3 |
21. Other transport equipment |
494 |
699 |
0.2 |
39.7 |
22. Furniture |
117 |
156 |
0.0 |
98.1 |
23. Other manufacturing |
17,651 |
23,798 |
7.5 |
55.5 |
24. Repair and installation of machinery and equipment |
7 |
5 |
0.0 |
17.2 |
D. Electricity, gas, steam and air conditioning supply |
55 |
500 |
0.2 |
72.7 |
E. Water supply; sewerage, waste management and remediation activities |
4 |
4 |
0.0 |
0.7 |
F. Construction |
2,176 |
1,230 |
0.4 |
29.4 |
G. Services |
1,62,031 |
1,36,524 |
43.1 |
59.7 |
1. Wholesale and retail trade; repair of motor vehicles and motorcycles |
32,281 |
34,092 |
10.8 |
76.6 |
2. Transportation and storage |
6,209 |
6,216 |
2.0 |
49.3 |
3. Accommodation and Food service activities |
64 |
154 |
0.0 |
36.3 |
4. Information and communication |
91,175 |
56,795 |
17.9 |
52.1 |
5. Financial and insurance activities |
4,170 |
4,628 |
1.5 |
24.2 |
6. Real estate activities |
705 |
711 |
0.2 |
81.2 |
7. Other Services activities |
27,427 |
33,928 |
10.7 |
80.5 |
Total |
2,78,366 |
3,16,533 |
100.0 |
63.4 |
|