FDI IN IT AND TELECOMMUNICATION SECTORS
India accounted for around 76% of
Foreign Direct Investment (FDI) inflows into South Asia during
the year 2000 as reported in the World Investment Report, 2001
published by UNCTAD. India is emerging as an important destination
for FDI in the areas of Telecommunications and Information Technology.
FDI received in the country during
the period from 1/8/1991 to 31/5/2002 in Information Technology
(computer software, electronics, computer hardware and other software)
and Telecommunication sector is as under:
|
Sector
|
Amount of FDI inflow
|
* % of total (in Rs. Crore)
|
|
Information Technology
|
6569.96
|
9.50
|
|
Telecommunications
|
9230.16
|
13.35
|
The total FDI received during this
period in all sectors is Rs. 1,19,088.52 crore.
* This excludes inflows against
ADRs/GDRs, acquisition of existing shares, RBI’s – NRI schemes
and advances pending issue of shares.
