The Reserve Bank of India today released, on its website, the data related to the Census on Foreign Liabilities and Assets of Indian Direct Investment Companies for the year 2015-16. The Annual Census on Foreign Liabilities and Assets (FLA) covers the Indian companies which submit information on their overseas liabilities and assets arising on account of foreign direct investment (FDI) in India, their overseas direct investment (ODI) and other investments. In the 2015-16 round of FLA census, out of the 18,549 reporting companies, 17,008 companies had FDI/ODI in their balance sheet in March 2016. Of these, 649 companies had bi-directional direct investment, 14,383 companies received only FDI and 1,976 had only ODI. Of the 15,032 companies that reported inward direct investment, 10,794 companies were subsidiaries of foreign companies (i.e., single foreign investor holding is more than 50% of total equity), which also report information on their sales, purchase, exports and imports, for use in the compilation of Foreign Affiliates Trade Statistics (FATS) for India. Out of 2,625 ODI reporting Indian companies, 2,093 companies had 3,320 overseas subsidiaries. As some companies may still report, the results presented here are provisional. Main Findings: -
Coverage: An overwhelming majority of the responding companies were unlisted and most of these companies received only inward FDI. Unlisted companies also had a larger share of FDI equity capital (₹ 3,926.2 billion at face value) vis-à-vis the listed companies (₹ 118.0 billion at face value) in March 2016. The share of non-financial companies in total foreign equity participation was much larger (₹ 3,461.7 billion at face value) as compared with financial companies (₹ 582.5 billion). (Tables 1, 2A and 2B) -
Inward/Outward Direct Investment: Equity participation had a much larger share (93.4 per cent) than debt in total inward FDI, which stood at ₹ 20,140.0 billion at market value in March 2016 (₹ 19,813.4 billion a year ago). Total ODI was placed at ₹ 5,790.2 billion at market value (₹ 5,637.0 billion a year ago). Under ODI too, equity participation had a large share (80.5 per cent). The ratio of outward to inward direct investment, at market value, increased marginally from 28.5 per cent to 28.7 per cent over this period. (Table 3) -
Other Investment: Other investment liabilities, which include trade credit, loans, currency & deposits and other payable with unrelated (third party) non-resident entity, stood at ₹ 12,640.8 billion in March 2016 (₹ 12,333.1 billion a year ago). Corresponding overseas assets accounted for 35.1 per cent of such liabilities. (Table 4) -
Source/Destination countries of Inward and Outward FDI: Among the source countries for FDI, Mauritius had the largest share (20.8 per cent) followed by USA (17.4 per cent), UK (15.1 per cent), Singapore (10.9 per cent) and Japan (8.0 per cent). The destination for ODI of Indian companies was largely Singapore (20.6 per cent), Mauritius (17.7 per cent), Netherlands (14.0 per cent) and USA (10.3 per cent). (Tables 5 and 6) -
Activity/Sector-wise of Inward FDI: Both manufacturing and services sectors attract foreign equity participation. Total FDI stock at market value in the manufacturing and services sectors stood at ₹ 10,006.3 billion in March 2016 (₹ 10,208.1 billion a year ago) and ₹ 8,590.8 billion (₹ 7,748.4 billion a year ago), respectively. While manufacturing sector accounted for around half of the total FDI at market prices, ‘information and communication services’ (20.1 per cent) and ‘financial and insurance activities’ (11.2 per cent) were the other major activities attracting FDI. (Tables 7 and 8) -
Sales/Purchases of Overseas Subsidiaries of Indian Companies: Total sales, including exports, of overseas subsidiaries increased by 22.5 per cent to ₹ 3,301.1 billion in 2015-16. The total value of their purchase, including imports, increased by 44.7 per cent to ₹ 3,150.7 billion in 2015-16. Their purchase-to-sales ratio was 95.4 per cent. Many companies did not report sales/purchase because of being at incipient stage or other reasons. (Table 9A and 9B) -
Exports/Imports of Overseas Subsidiaries of Indian Companies: Total exports of overseas subsidiaries increased by 0.5 per cent to ₹ 988.2 billion in 2015-16 whereas their total imports increased by 10.5 per cent to ₹ 1,188.3 billion in 2015-16. Their export-to-sales and import-to-purchase ratios stood at 29.9 per cent and 37.7 per cent, respectively, in 2015-16. (Table 9C and 9D) -
Sales/Purchases of Foreign Subsidiary Companies in India: Total sales, including exports, of foreign subsidiaries increased by 6.2 per cent to ₹ 17,078.2 billion in 2015-16 whereas their purchase, including imports, increased by 5.5 per cent to ₹ 10,812.2 billion. Their purchase to sales ratio was around 63.3 per cent. (Tables 10A and 10B) -
Exports/Imports of Foreign Subsidiary Companies in India: Total exports of foreign subsidiaries companies increased by 0.9 per cent to ₹ 5,493.6 billion in 2015-16. Exports constituted 32.2 per cent share in their total sales. The ‘Information and communication services’ sector had the highest share of 21.4 per cent in sales, of which, 70.6 per cent was through exports. Total imports of subsidiary companies increased by 0.2 per cent to ₹ 4,614.2 billion in 2015-16. Imports accounted for 42.7 per cent of total purchase of these companies. (Tables 10C and 10D) An article analysing the findings of the Census is being published in the January 2017 issue of the RBI Bulletin. Ajit Prasad
Assistant Adviser Press Release : 2016-2017/1573
| Table 1: Coverage of Companies* Reported in FLA 2015-16 | | Category | Types of Company | Direct Investment (No. of Companies) | | Both Inward & Outward | Only Inward | Only Outward | | Unlisted Companies | Foreign Associate in India | 357 | 3,551 | - | | Foreign Subsidiary in India | 181 | 10,501 | - | | Others | - | 125* | 1,528 | | Total (16,243) | 538 | 14,177 | 1,528 | | Listed Companies | Foreign Associate in India | 76 | 129 | - | | Foreign Subsidiary in India | 35 | 77 | - | | Others | - | - | 448 | | Total (765) | 111 | 206 | 448 | | Grand Total (17,008) | 649 | 14,383 | 1,976 | | * include Special Purpose Vehicle (SPV), Public-Private Partnership and Limited Liabilities Partnerships (LLPs). |
| Table 2A: Foreign Equity Participation of Financial & Non-Financial FDI Companies | | Amount in ₹ billion at face value (end-March 2016) | | Category | No of Companies | Paid Up Capital (Equity & Debt) | Amount-Total Equity (Including Resident & Non-Resident) | Exclusively only Equity Stake under FDI Scheme | % share of FDI out of Total Equity | | Financial Companies | 684 | 933.8 | 886.9 | 582.5 | 65.7 | | Non-Financial Companies | 14,348 | 4,852.3 | 4,440.6 | 3,461.7 | 78.0 | | Total | 15,032 | 5,786.1 | 5,327.5 | 4,044.2 | 75.9 |
| Table 2B: Foreign Equity Participation of Listed & Unlisted FDI Companies | | Amount in ₹ billion at face value (end-March 2016) | | Category | Unlisted Company | Listed Company | Total | | Amount | Per cent | Amount | Per cent | Amount | | No. of Company (actual) | 14,715 | 97.9 | 317 | 2.1 | 15,032 | | PUC | 5,373.6 | 92.9 | 412.5 | 7.1 | 5,786.1 | | of which Equity Capital | 4,972.3 | 93.3 | 355.2 | 6.7 | 5,327.5 | | of which FDI Equity Capital | 3,926.2 | 97.1 | 118.0 | 2.9 | 4,044.2 |
| Table 3: Inward and Outward Direct Investment | | Amount in ₹ billion at market value (end-March) | | Direct Investment | Inward | Outward | | 2015 | 2016 | 2015 | 2016 | | Equity | 18,639.8 | 18,806.6 | 4,460.7 | 4,659.3 | | Debt | 1173.6 | 1,333.4 | 1,176.3 | 1,130.9 | | Total | 19,813.4 | 20,140.0 | 5,637.0 | 5,790.2 |
| Table 4: Other Foreign Liabilities/Assets of Direct Investment Companies | | Amount in ₹ billion (end-March) | | Other Investment | Outstanding liabilities with unrelated party | Outstanding assets on unrelated party | | 2015 | 2016 | 2015 | 2016 | | Trade Credits | 2,046.9 | 1,871.9 | 1,035.5 | 1,150.7 | | Loans | 4,460.9 | 4,543.8 | 1,759.4 | 1,844.4 | | Currency & Deposits | 2,533.8 | 3,034.1 | 566.1 | 393.3 | | Other receivable and payable accounts | 3,291.5 | 3,191.0 | 822.9 | 1,047.1 | | Total | 12,333.1 | 12,640.8 | 4,183.9 | 4,435.5 |
| Table 5: Country wise distribution of Inward Direct Investment – March 2016 | | Amount in ₹ billion at market value | | Country | Total FDI | Equity | Debt | | All Countries | 20,140.0 | 18,806.6 | 1,333.4 | | of which: | | | | | Mauritius | 4,194.9 | 3,977.8 | 217.1 | | United States of America | 3,497.4 | 3,319.3 | 178.0 | | United Kingdom | 3,040.5 | 2,978.8 | 61.6 | | Singapore | 2,199.2 | 1,967.3 | 231.9 | | Japan | 1,615.1 | 1,471.0 | 144.2 | | Germany | 1,381.9 | 1,326.1 | 55.8 | | Netherlands | 1,043.9 | 934.5 | 109.4 | | Switzerland | 972.3 | 947.7 | 24.6 | | Korea, Republic of | 392.6 | 284.5 | 108.0 | | France | 295.1 | 274.4 | 20.7 |
| Table 6: Country-wise Distribution of ODI Stock – March 2016 | | Amount in ₹ billion at market value | | Country | Total ODI | Equity | Debt | | Total | 5,790.2 | 4,659.3 | 1,130.9 | | of which: | | | | | Singapore | 1,190.2 | 1,041.1 | 149.1 | | Mauritius | 1,022.4 | 764.7 | 257.7 | | Netherlands | 813.5 | 742.7 | 70.7 | | United States of America | 593.8 | 339.3 | 254.5 | | United Arab Emirates | 301.1 | 218.0 | 83.1 | | Bahrain | 293.3 | 35.0 | 258.4 | | Jersey | 279.7 | 275.7 | 4.0 | | United Kingdom | 193.1 | 155.7 | 37.4 | | Cayman Islands | 132.3 | 129.9 | 2.5 | | Cyprus | 128.0 | 127.0 | 1.0 |
| Table 7: Activity-wise Equity Participation of the Indian Companies – March 2016 | | Amount in ₹ billion at face value | | Activity | Total Equity (Including Resident & Non-Resident) | Equity Stake under FDI Scheme | % share of FDI in Total Equity | | 1. Agriculture-related, Plantations & Allied activities | 12.8 | 10.6 | 82.8 | | 2. Mining | 64.1 | 32.6 | 50.9 | | 3. Manufacturing | 2161.4 | 1820.7 | 84.2 | | 4. Electricity, gas, steam and air conditioning supply | 336.4 | 197.2 | 58.6 | | 5. Water supply; sewerage, waste management and remediation activities | 6.9 | 4.7 | 68.1 | | 6. Construction | 223 | 165.7 | 74.3 | | 7.Information and communication | 504.4 | 287.9 | 57.1 | | 8.Other Services | 2018.5 | 1524.8 | 75.5 | | Total | 5,327.5 | 4,044.2 | 75.9 | Note: 1. A company 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 15,032 FDI companies – March 2016 | | Amount in ₹ billion at market value | | Activity | No. of Companies | Equity | Debt | Total | | A. Agriculture-related, Plantations & Allied activities | 82 | 49.2 | 2.4 | 51.6 | | B. Mining | 116 | 457.0 | 19.3 | 476.3 | | C. Manufacturing | 3,821 | 9,338.7 | 667.6 | 10,006.3 | | 1. Food products | 161 | 795.7 | 9.1 | 804.8 | | 2. Beverages | 28 | 131.9 | 2.6 | 134.5 | | 3.Tobacco products | 5 | 673.5 | - | 673.5 | | 4. Textiles | 98 | 31.6 | 4.5 | 36.1 | | 5. Wearing Apparel | 53 | 19.7 | 0.4 | 20.1 | | 6. Leather and related products | 23 | 39.2 | 0.2 | 39.4 | | 7.Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials | 7 | 0.4 | 0.2 | 0.6 | | 8. Manufacture of paper and paper products | 40 | 36.1 | 12.0 | 48.1 | | 9. Printing and reproduction of recorded media | 16 | 2.1 | 0.2 | 2.3 | | 10.Coke and refined petroleum products | 25 | 252.8 | 16.8 | 269.6 | | 11.Chemicals and chemical products | 252 | 688.3 | 59.0 | 747.3 | | 12. Pharmaceuticals, medicinal and chemical products | 215 | 660.1 | 132.1 | 792.2 | | 13.Rrubber and plastics products | 138 | 153.1 | 7.7 | 160.8 | | 14.Other non-metallic mineral products | 35 | 159.9 | 3.1 | 163.0 | | 15.Basic metals | 67 | 135.1 | 12.6 | 147.7 | | 16. Fabricated metal products, except machinery and equipment | 150 | 63.4 | 6.3 | 69.7 | | 17.Computer, electronic and optical products | 97 | 276.1 | 90.3 | 366.4 | | 18. Electrical equipment | 202 | 712.6 | 22.7 | 735.3 | | 19.Machinery and equipment n.e.c. | 548 | 576.4 | 34.0 | 610.4 | | 20. Motor vehicles, trailers and semi-trailers | 133 | 1,246.7 | 125.6 | 1,372.3 | | 21. Other transport equipment | 98 | 81.1 | 11.9 | 93.0 | | 22. Furniture | 20 | 1.8 | 0.3 | 2.1 | | 23. Other manufacturing | 1,221 | 2,572.9 | 111.7 | 2,684.6 | | 24. Repair and installation of machinery and equipment | 189 | 28.2 | 4.3 | 32.5 | | D. Electricity, gas, steam and air conditioning supply | 375 | 402.1 | 75.9 | 478.0 | | E. Water supply; sewerage, waste management and remediation activities | 68 | 4.2 | 0.7 | 4.9 | | F. Construction | 728 | 392.8 | 139.3 | 532.1 | | G. Services | 9,842 | 8,162.6 | 428.2 | 8,590.8 | | 1.Wholesale and retail trade; repair of motor vehicles and motorcycles | 1,387 | 546.1 | 44.9 | 591.0 | | 2.Transportation and storage | 400 | 463.6 | 14.1 | 477.7 | | 3.Accommodation and Food service activities | 341 | 135.9 | 11.2 | 147.1 | | 4.Information and communication | 3,497 | 3,829.7 | 215.4 | 4,045.1 | | 5.Financial and insurance activities | 684 | 2,224.0 | 27.5 | 2,251.5 | | 6.Real estate activities | 192 | 158.3 | 24.8 | 183.1 | | 7.Other Services activities | 3,341 | 805.0 | 90.3 | 895.3 | | Total | 15,032 | 18,806.6 | 1,333.4 | 20,140.0 |
| Table 9A: Activity wise Sales of 3,320 Overseas Subsidiaries of 2,093 Indian Companies | | Amount in ₹ billion | | Activity | No. of Companies | 2014-15 | 2015-16 | % Share in Total (2015-16) | | A. Agriculture-related, Plantations & Allied activities | 17 | 5.2 | 4.5 | 0.1 | | B. Mining | 57 | 15.9 | 10.8 | 0.3 | | C. Manufacturing | 699 | 1,186.0 | 1,542.6 | 46.7 | | 1. Food products | 36 | 45.4 | 53.8 | 1.6 | | 2. Beverages | 8 | 15.8 | 19.6 | 0.6 | | 3. Tobacco products | 6 | 3.1 | 4.4 | 0.1 | | 4. Textiles | 24 | 16.5 | 20.5 | 0.6 | | 5. Wearing Apparel | 14 | 10.0 | 11.7 | 0.4 | | 6. Leather and related products | 9 | 33.3 | 42.4 | 1.3 | | 7. Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials | 7 | 0.6 | 3.0 | 0.1 | | 8. Manufacture of paper and paper products | 6 | 2.8 | 3.1 | 0.1 | | 9. Printing and reproduction of recorded media | 4 | 0.7 | 1.0 | 0.0 | | 10. Coke and refined petroleum products | 6 | 57.8 | 49.4 | 1.5 | | 11. Chemicals and chemical products | 69 | 78.8 | 77.8 | 2.4 | | 12. Pharmaceuticals, medicinal and chemical products | 84 | 166.2 | 267.4 | 8.1 | | 13. Rubber and plastics products | 31 | 6.5 | 7.0 | 0.2 | | 14. Other non-metallic mineral products | 11 | 4.7 | 4.4 | 0.1 | | 15. Basic metals | 16 | 54.8 | 54.3 | 1.6 | | 16. Fabricated metal products, except machinery and equipment | 19 | 49.1 | 52.8 | 1.6 | | 17. Computer, electronic and optical products | 12 | 0.4 | 0.5 | 0.0 | | 18. Electrical equipment | 28 | 25.1 | 25.8 | 0.8 | | 19. Machinery and equipment n.e.c. | 52 | 20.9 | 22.5 | 0.7 | | 20. Motor vehicles, trailers and semi-trailers | 16 | 213.9 | 243.5 | 7.4 | | 21. Other transport equipment | 12 | 47.9 | 59.8 | 1.8 | | 22. Furniture | 2 | 0.1 | 0.1 | 0.0 | | 23. Other manufacturing | 217 | 330.5 | 516.9 | 15.7 | | 24. Repair and installation of machinery and equipment | 10 | 1.1 | 0.9 | 0.0 | | D. Electricity, gas, steam and air conditioning supply | 27 | 0.5 | 0.2 | 0.0 | | E. Water supply; sewerage, waste management and remediation activities | 2 | 0.2 | 0.0 | 0.0 | | F. Construction | 67 | 35.4 | 48.2 | 1.5 | | G. Services | 1,224 | 1,452.6 | 1,694.8 | 51.3 | | 1. Wholesale and retail trade; repair of motor vehicles and motorcycles | 166 | 364.4 | 373.8 | 11.3 | | 2. Transportation and storage | 54 | 36.0 | 48.2 | 1.5 | | 3. Accommodation and Food service activities | 27 | 1.1 | 1.2 | 0.0 | | 4. Information and communication | 506 | 915.5 | 1,132.9 | 34.3 | | 5. Financial and insurance activities | 136 | 34.2 | 28.6 | 0.9 | | 6. Real estate activities | 36 | 1.7 | 0.8 | 0.0 | | 7. Other Services activities | 299 | 99.7 | 109.3 | 3.3 | | Total | 2,093 | 2,695.8 | 3,301.1 | 100.0 |
| Table 9B: Activity wise Purchase of 3,320 Overseas Subsidiaries of 2,093 Indian Companies | | Amount in ₹ billion | | Activity | No. of Companies | 2014-15 | 2015-16 | % Share in Total (2015-16) | | A. Agriculture-related, Plantations & Allied activities | 17.0 | 3.5 | 3.4 | 0.1 | | B. Mining | 57.0 | 14.1 | 9.4 | 0.3 | | C. Manufacturing | 699.0 | 963.4 | 1,744.4 | 55.4 | | 1. Food products | 36.0 | 44.8 | 49.4 | 1.6 | | 2. Beverages | 8.0 | 8.2 | 9.8 | 0.3 | | 3. Tobacco products | 6.0 | 0.4 | 1.3 | 0.0 | | 4. Textiles | 24.0 | 11.9 | 15.0 | 0.5 | | 5. Wearing Apparel | 14.0 | 7.4 | 8.7 | 0.3 | | 6. Leather and related products | 9.0 | 29.6 | 37.9 | 1.2 | | 7. Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials | 7.0 | 0.6 | 2.8 | 0.1 | | 8. Manufacture of paper and paper products | 6.0 | 2.3 | 2.4 | 0.1 | | 9. Printing and reproduction of recorded media | 4.0 | 0.4 | 0.7 | 0.0 | | 10. Coke and refined petroleum products | 6.0 | 48.7 | 44.1 | 1.4 | | 11. Chemicals and chemical products | 69.0 | 45.6 | 38.6 | 1.2 | | 12. Pharmaceuticals, medicinal and chemical products | 84.0 | 102.5 | 194.1 | 6.2 | | 13. Rubber and plastics products | 31.0 | 5.3 | 5.3 | 0.2 | | 14. Other non-metallic mineral products | 11.0 | 2.6 | 2.2 | 0.1 | | 15. Basic metals | 16.0 | 53.3 | 54.0 | 1.7 | | 16. Fabricated metal products, except machinery and equipment | 19.0 | 40.6 | 43.0 | 1.4 | | 17. Computer, electronic and optical products | 12.0 | 0.3 | 0.3 | 0.0 | | 18. Electrical equipment | 28.0 | 21.5 | 21.8 | 0.7 | | 19. Machinery and equipment n.e.c. | 52.0 | 14.4 | 15.1 | 0.5 | | 20. Motor vehicles, trailers and semi-trailers | 16.0 | 216.6 | 244.1 | 7.7 | | 21. Other transport equipment | 12.0 | 6.1 | 10.5 | 0.3 | | 22. Furniture | 2.0 | 0.1 | 0.1 | 0 | | 23. Other manufacturing | 217.0 | 299.3 | 942.5 | 29.9 | | 24. Repair and installation of machinery and equipment | 10.0 | 0.9 | 0.7 | 0.0 | | D. Electricity, gas, steam and air conditioning supply | 27.0 | 0.1 | 0.2 | 0.0 | | E. Water supply; sewerage, waste management and remediation activities | 2.0 | 0.2 | 0.0 | 0.0 | | F. Construction | 67.0 | 24.7 | 40.5 | 1.3 | | G. Services | 1,224.0 | 1,171.7 | 1,352.8 | 42.9 | | 1. Wholesale and retail trade; repair of motor vehicles and motorcycles | 166.0 | 325.4 | 335.4 | 10.6 | | 2. Transportation and storage | 54.0 | 29.6 | 44.1 | 1.4 | | 3. Accommodation and Food service activities | 27.0 | 0.5 | 0.6 | 0.0 | | 4. Information and communication | 506.0 | 716.8 | 879.8 | 27.9 | | 5. Financial and insurance activities | 136.0 | 16.9 | 15.0 | 0.5 | | 6. Real estate activities | 36.0 | 14.2 | 0.8 | 0.0 | | 7. Other Services activities | 299.0 | 68.3 | 77.1 | 2.4 | | Total | 2,093.0 | 2,177.7 | 3,150.7 | 100 |
| Table 9C: Activity wise Exports of 3,320 Overseas Subsidiaries of 2,093 Indian Companies | | Amount in ₹ billion | | Activity | 2014-15 | 2015-16 | | Amount | Amount | % Share in Total | % Share in Sales | | A. Agriculture-related, Plantations & Allied activities | 4.2 | 3.8 | 0.4 | 84.4 | | B. Mining | 11.7 | 7.3 | 0.7 | 67.6 | | C. Manufacturing | 495.9 | 502.9 | 50.9 | 32.6 | | 1. Food products | 26.7 | 33.4 | 3.4 | 62.1 | | 2. Beverages | 9.8 | 11.0 | 1.1 | 56.1 | | 3. Tobacco products | 2.5 | 3.0 | 0.3 | 0.0 | | 4. Textiles | 2.6 | 8.1 | 0.8 | 39.5 | | 5. Wearing Apparel | 9.1 | 10.9 | 1.1 | 93.2 | | 6. Leather and related products | 30.1 | 39.5 | 4.0 | 93.2 | | 7. Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials | 0.5 | 2.6 | 0.3 | 86.7 | | 8. Manufacture of paper and paper products | 1.9 | 2.1 | 0.2 | 67.7 | | 9. Printing and reproduction of recorded media | 0.1 | 0.3 | 0.0 | 30.0 | | 10. Coke and refined petroleum products | 18.3 | 13.9 | 1.4 | 28.1 | | 11. Chemicals and chemical products | 35.0 | 26.5 | 2.7 | 34.1 | | 12. Pharmaceuticals, medicinal and chemical products | 107.8 | 73.4 | 7.4 | 27.4 | | 13. Rubber and plastics products | 1.7 | 2.4 | 0.2 | 34.3 | | 14. Other non-metallic mineral products | 0.3 | 0.3 | 0.0 | 6.8 | | 15. Basic metals | 1.9 | 2.1 | 0.2 | 3.9 | | 16. Fabricated metal products, except machinery and equipment | 20.7 | 21.4 | 2.2 | 40.5 | | 17. Computer, electronic and optical products | 0.1 | 0.2 | 0.0 | 40.0 | | 18. Electrical equipment | 8.5 | 9.4 | 1.0 | 36.4 | | 19. Machinery and equipment n.e.c. | 6.5 | 6.8 | 0.7 | 30.2 | | 20. Motor vehicles, trailers and semi-trailers | 69.3 | 53.9 | 5.5 | 22.1 | | 21. Other transport equipment | 41.1 | 52.3 | 5.3 | 87.5 | | 22. Furniture | 0.0 | 0.0 | 0.0 | 0.0 | | 23. Other manufacturing | 101.1 | 129.1 | 13.1 | 25.0 | | 24. Repair and installation of machinery and equipment | 0.3 | 0.3 | 0.0 | 33.3 | | D. Electricity, gas, steam and air conditioning supply | 0.1 | 0.0 | 0.0 | 0.0 | | E. Water supply; sewerage, waste management and remediation activities | 0.2 | 0.0 | 0.0 | 0.0 | | F. Construction | 5.7 | 8.9 | 0.9 | 18.5 | | G. Services | 465.4 | 465.3 | 47.1 | 27.5 | | 1. Wholesale and retail trade; repair of motor vehicles and motorcycles | 286.0 | 264.8 | 26.8 | 70.8 | | 2. Transportation and storage | 20.6 | 36.6 | 3.7 | 75.9 | | 3. Accommodation and Food service activities | 0.6 | 0.5 | 0.1 | 41.7 | | 4. Information and communication | 118.3 | 128.0 | 13.0 | 11.3 | | 5. Financial and insurance activities | 14.6 | 12.8 | 1.3 | 44.8 | | 6. Real estate activities | 1.5 | 0.8 | 0.1 | 100.0 | | 7. Other Services activities | 23.8 | 21.8 | 2.2 | 19.9 | | Total | 983.2 | 988.2 | 100.0 | 29.9 |
| Table 9D: Activity wise Imports of 3,320 Overseas Subsidiaries of 2,093 Indian Companies | | Amount in ₹ billion | | Activity | 2014-15 | 2015-16 | | Amount | Amount | % Share in Total | % Share in Purchase | | A. Agriculture-related, Plantations & Allied activities | 2.5 | 2.2 | 0.2 | 64.7 | | B. Mining | 10.3 | 6.7 | 0.6 | 71.3 | | C. Manufacturing | 394.7 | 449.5 | 37.8 | 25.8 | | 1. Food products | 31.1 | 39.8 | 3.3 | 80.6 | | 2. Beverages | 1.5 | 1.7 | 0.1 | 17.3 | | 3. Tobacco products | 0.0 | 0.8 | 0.1 | 0.0 | | 4. Textiles | 8.2 | 11.1 | 0.9 | 74.0 | | 5. Wearing Apparel | 1.2 | 0.6 | 0.1 | 6.9 | | 6. Leather and related products | 28.4 | 36.5 | 3.1 | 96.3 | | 7. Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials | 0.0 | 1.4 | 0.1 | 50.0 | | 8. Manufacture of paper and paper products | 2.1 | 2.2 | 0.2 | 91.7 | | 9. Printing and reproduction of recorded media | 0.2 | 0.2 | 0.0 | 28.6 | | 10. Coke and refined petroleum products | 34.3 | 31.2 | 2.6 | 70.7 | | 11. Chemicals and chemical products | 32.4 | 19.1 | 1.6 | 49.5 | | 12. Pharmaceuticals, medicinal and chemical products | 64.3 | 72.4 | 6.1 | 37.3 | | 13. Rubber and plastics products | 3.2 | 3.9 | 0.3 | 73.6 | | 14. Other non-metallic mineral products | 0.0 | 0.0 | 0.0 | 0.0 | | 15. Basic metals | 4.2 | 3.3 | 0.3 | 6.1 | | 16. Fabricated metal products, except machinery and equipment | 27.8 | 26.6 | 2.2 | 61.9 | | 17. Computer, electronic and optical products | 0.3 | 0.3 | 0.0 | 100.0 | | 18. Electrical equipment | 7.5 | 8.7 | 0.7 | 39.9 | | 19. Machinery and equipment n.e.c. | 7.0 | 7.8 | 0.7 | 51.7 | | 20. Motor vehicles, trailers and semi-trailers | 24.8 | 25.1 | 2.1 | 10.3 | | 21. Other transport equipment | 2.4 | 6.5 | 0.5 | 61.9 | | 22. Furniture | 0.0 | 0.0 | 0.0 | 0.0 | | 23. Other manufacturing | 113.2 | 149.9 | 12.6 | 15.9 | | 24. Repair and installation of machinery and equipment | 0.6 | 0.4 | 0.0 | 57.1 | | D. Electricity, gas, steam and air conditioning supply | 0.0 | 0.1 | 0.0 | 50.0 | | E. Water supply; sewerage, waste management and remediation activities | 0.0 | 0.0 | 0.0 | 0.0 | | F. Construction | 3.1 | 7.2 | 0.6 | 17.8 | | G. Services | 664.6 | 722.6 | 60.8 | 53.4 | | 1. Wholesale and retail trade; repair of motor vehicles and motorcycles | 247.0 | 224.9 | 18.9 | 67.1 | | 2. Transportation and storage | 16.5 | 33.2 | 2.8 | 75.3 | | 3. Accommodation and Food service activities | 0.1 | 0.1 | 0.0 | 16.7 | | 4. Information and communication | 361.6 | 425.0 | 35.8 | 48.3 | | 5. Financial and insurance activities | 9.1 | 9.1 | 0.8 | 60.7 | | 6. Real estate activities | 1.4 | 0.8 | 0.1 | 100.0 | | 7. Other Services activities | 28.9 | 29.5 | 2.5 | 38.3 | | Total | 1,075.2 | 1,188.3 | 100.0 | 37.7 |
| Table10A: Activity-wise Sales of 10,794* Foreign Subsidiary Companies in India | | Amount in ₹ billion | | Activity | No. of Companies | 2014-15 | 2015-16 | % Share in Total (2015-16) | | A. Agriculture-related, Plantations & Allied activities | 35 | 52.5 | 57.8 | 0.3 | | B. Mining | 36 | 126.8 | 123.0 | 0.7 | | C. Manufacturing | 2,243 | 9,511.0 | 9,590.7 | 56.2 | | 1. Food products | 78 | 1,052.1 | 608.5 | 3.6 | | 2. Beverages | 14 | 111.7 | 126.2 | 0.7 | | 3. Tobacco products | 0 | 0.0 | 0.0 | 0.0 | | 4. Textiles | 35 | 38.4 | 41.2 | 0.2 | | 5. Wearing Apparel | 21 | 26.6 | 29.0 | 0.2 | | 6. Leather and related products | 9 | 33.2 | 36.0 | 0.2 | | 7. Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials | 2 | 1.2 | 1.2 | 0.0 | | 8. Manufacture of paper and paper products | 19 | 82.7 | 87.3 | 0.5 | | 9. Printing and reproduction of recorded media | 9 | 1.3 | 2.2 | 0.0 | | 10. Coke and refined petroleum products | 12 | 946.8 | 645.1 | 3.8 | | 11. Chemicals and chemical products | 150 | 529.4 | 528.9 | 3.1 | | 12. Pharmaceuticals, medicinal and chemical products | 112 | 303.0 | 330.8 | 1.9 | | 13. Rubber and plastics products | 86 | 164.1 | 169.2 | 1.0 | | 14. Other non-metallic mineral products | 20 | 122.1 | 129.2 | 0.8 | | 15. Basic metals | 27 | 247.8 | 248.2 | 1.5 | | 16. Fabricated metal products, except machinery and equipment | 80 | 83.2 | 85.0 | 0.5 | | 17. Computer, electronic and optical products | 54 | 786.5 | 952.4 | 5.6 | | 18. Electrical equipment | 125 | 579.3 | 648.4 | 3.8 | | 19. Machinery and equipment n.e.c. | 375 | 577.5 | 653.6 | 3.8 | | 20. Motor vehicles, trailers and semi-trailers | 86 | 1,885.5 | 2,117.3 | 12.4 | | 21. Other transport equipment | 60 | 133.3 | 166.4 | 1.0 | | 22. Furniture | 12 | 2.9 | 4.0 | 0.0 | | 23. Other manufacturing | 711 | 1,751.0 | 1,920.0 | 11.2 | | 24. Repair and installation of machinery and equipment | 146 | 51.4 | 60.6 | 0.4 | | D. Electricity, gas, steam and air conditioning supply | 100 | 58.9 | 132.2 | 0.8 | | E. Water supply; sewerage, waste management and remediation activities | 38 | 10.1 | 12.5 | 0.1 | | F. Construction | 189 | 245.3 | 264.3 | 1.5 | | G. Services | 5,685 | 6,076.9 | 6,897.7 | 40.4 | | 1. Wholesale and retail trade; repair of motor vehicles and motorcycles | 886 | 1,554.0 | 1,716.2 | 10.0 | | 2. Transportation and storage | 197 | 212.8 | 222.9 | 1.3 | | 3. Accommodation and Food service activities | 93 | 47.2 | 51.3 | 0.3 | | 4. Information and communication | 2,300 | 3,075.7 | 3,651.7 | 21.4 | | 5. Financial and insurance activities | 242 | 241.3 | 297.5 | 1.7 | | 6. Real estate activities | 44 | 45.3 | 49.6 | 0.3 | | 7. Other Services activities | 1,923 | 900.6 | 908.5 | 5.3 | | Total | 8,326* | 16,081.5 | 17,078.2 | 100.0 | | * Of the 10,794 subsidiary companies, 8,326 reported sales |
| Table10B: Activity-wise Purchase of 10,794* Foreign Subsidiary Companies in India | | Amount in ₹ billion | | Activity | No. of Companies | 2014-15 | 2015-16 | % Share in Total (2015-16) | | A. Agriculture-related, Plantations & Allied activities | 28.0 | 43.8 | 45.9 | 0.4 | | B. Mining | 28.0 | 81.9 | 80.7 | 0.7 | | C. Manufacturing | 2,118.0 | 6,752.9 | 6,779.6 | 62.7 | | 1. Food products | 77.0 | 808.0 | 681.8 | 6.3 | | 2. Beverages | 14.0 | 46.5 | 52.7 | 0.5 | | 3. Tobacco products | 0.0 | 0.0 | 0.0 | 0 | | 4. Textiles | 35.0 | 18.4 | 19.8 | 0.2 | | 5. Wearing Apparel | 21.0 | 15.3 | 14.9 | 0.1 | | 6. Leather and related products | 8.0 | 13.9 | 15.0 | 0.1 | | 7. Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials | 2.0 | 0.2 | 0.3 | 0.0 | | 8. Manufacture of paper and paper products | 19.0 | 50.6 | 52.9 | 0.5 | | 9. Printing and reproduction of recorded media | 3.0 | 0.6 | 1.5 | 0 | | 10. Coke and refined petroleum products | 12.0 | 799.8 | 488.0 | 4.5 | | 11. Chemicals and chemical products | 144.0 | 357.2 | 345.5 | 3.2 | | 12. Pharmaceuticals, medicinal and chemical products | 102.0 | 171.9 | 181.3 | 1.7 | | 13. Rubber and plastics products | 84.0 | 103.2 | 97.2 | 0.9 | | 14. Other non-metallic mineral products | 20.0 | 68.0 | 71.7 | 0.7 | | 15 .Basic metals | 26.0 | 266.8 | 273.7 | 2.5 | | 16. Fabricated metal products, except machinery and equipment | 76.0 | 55.2 | 54.5 | 0.5 | | 17. Computer, electronic and optical products | 50.0 | 511.9 | 624.3 | 5.8 | | 18. Electrical equipment | 114.0 | 416.2 | 449.8 | 4.2 | | 19. Machinery and equipment n.e.c. | 352.0 | 374.5 | 416.9 | 3.9 | | 20. Motor vehicles, trailers and semi-trailers | 87.0 | 1,335.0 | 1,458.9 | 13.5 | | 21. Other transport equipment | 58.0 | 94.6 | 118.8 | 1.1 | | 22. Furniture | 10.0 | 1.5 | 1.9 | 0.0 | | 23. Other manufacturing | 687.0 | 1,217.9 | 1,328.9 | 12.3 | | 24. Repair and installation of machinery and equipment | 117.0 | 25.7 | 29.3 | 0.3 | | D. Electricity, gas, steam and air conditioning supply | 66.0 | 24.4 | 58.6 | 0.5 | | E. Water supply; sewerage, waste management and remediation activities | 29.0 | 3.4 | 4.1 | 0.0 | | F. Construction | 152.0 | 156.3 | 160.2 | 1.5 | | G. Services | 3,053.0 | 3,183.9 | 3,683.1 | 34.1 | | 1. Wholesale and retail trade; repair of motor vehicles and motorcycles | 816.0 | 1,354.7 | 1,462.7 | 13.5 | | 2. Transportation and storage | 143.0 | 135.9 | 159.0 | 1.5 | | 3. Accommodation and Food service activities | 75.0 | 17.9 | 19.4 | 0.2 | | 4. Information and communication | 928.0 | 1,168.6 | 1,419.1 | 13.1 | | 5. Financial and insurance activities | 109.0 | 106.1 | 147.8 | 1.4 | | 6. Real estate activities | 34.0 | 32.2 | 35.4 | 0.3 | | 7. Other Services activities | 948.0 | 368.5 | 439.7 | 4.1 | | Total | 5,474.0 | 10,246.6 | 10,812.2 | 100.0 | | * Of the 10,794 subsidiary companies, 5,474 reported purchase |
| Table 10C: Activity-wise Export of 10,794* Foreign Subsidiary Companies in India | | Amount in ₹ billion | | Activity | 2014-15 | 2015-16 | | Amount | Amount | % Share in Total | % Share in Sales | | A. Agriculture-related, Plantations & Allied activities | 4.2 | 4.6 | 0.1 | 8.0 | | B. Mining | 6.3 | 6.0 | 0.1 | 4.9 | | C. Manufacturing | 2,462.8 | 2,092.2 | 38.1 | 21.8 | | 1. Food products | 533.0 | 175.6 | 3.2 | 28.9 | | 2. Beverages | 3.7 | 4.2 | 0.1 | 3.3 | | 3. Tobacco products | 0.0 | 0.0 | 0.0 | 0.0 | | 4. Textiles | 16.5 | 18.0 | 0.3 | 43.7 | | 5. Wearing Apparel | 10.6 | 12.1 | 0.2 | 41.7 | | 6. Leather and related products | 2.1 | 1.7 | 0.0 | 4.7 | | 7. Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials | 1.2 | 1.2 | 0.0 | 100.0 | | 8. Manufacture of paper and paper products | 9.8 | 10.1 | 0.2 | 11.6 | | 9. Printing and reproduction of recorded media | 0.7 | 1.2 | 0.0 | 54.5 | | 10. Coke and refined petroleum products | 404.8 | 273.4 | 5.0 | 42.4 | | 11. Chemicals and chemical products | 94.7 | 89.5 | 1.6 | 16.9 | | 12. Pharmaceuticals, medicinal and chemical products | 94.2 | 107.4 | 2.0 | 32.5 | | 13. Rubber and plastics products | 27.6 | 30.9 | 0.6 | 18.3 | | 14. Other non-metallic mineral products | 9.4 | 11.6 | 0.2 | 9.0 | | 15. Basic metals | 36.1 | 23.9 | 0.4 | 9.6 | | 16. Fabricated metal products, except machinery and equipment | 8.5 | 9.2 | 0.2 | 10.8 | | 17. Computer, electronic and optical products | 134.4 | 181.2 | 3.3 | 19.0 | | 18. Electrical equipment | 100.4 | 105.1 | 1.9 | 16.2 | | 19. Machinery and equipment n.e.c. | 200.5 | 218.5 | 4.0 | 33.4 | | 20. Motor vehicles, trailers and semi-trailers | 401.2 | 433.9 | 7.9 | 20.5 | | 21. Other transport equipment | 42.3 | 52.4 | 1.0 | 31.5 | | 22. Furniture | 0.1 | 0.3 | 0.0 | 7.5 | | 23. Other manufacturing | 321.7 | 320.0 | 5.8 | 16.7 | | 24. Repair and installation of machinery and equipment | 9.3 | 10.8 | 0.2 | 17.8 | | D. Electricity, gas, steam and air conditioning supply | 0.9 | 1.5 | 0.0 | 1.1 | | E. Water supply; sewerage, waste management and remediation activities | 1.0 | 1.1 | 0.0 | 8.8 | | F. Construction | 16.3 | 13.8 | 0.3 | 5.2 | | G. Services | 2,953.2 | 3,374.4 | 61.4 | 48.9 | | 1. Wholesale and retail trade; repair of motor vehicles and motorcycles | 281.7 | 260.7 | 4.7 | 15.2 | | 2. Transportation and storage | 62.8 | 58.6 | 1.1 | 26.3 | | 3. Accommodation and Food service activities | 5.3 | 6.3 | 0.1 | 12.3 | | 4. Information and communication | 2,211.9 | 2,577.5 | 46.9 | 70.6 | | 5. Financial and insurance activities | 81.8 | 97.0 | 1.8 | 32.6 | | 6. Real estate activities | 0.7 | 0.5 | 0.0 | 1.0 | | 7. Other Services activities | 309.0 | 373.8 | 6.8 | 41.1 | | Total | 5,444.7 | 5,493.6 | 100.0 | 32.2 | | * Of the 10,794 subsidiary companies, 6,106 reported exports |
| Table 10D: Activity-wise Import of 10,794* Foreign Subsidiary Companies in India | | Amount in ₹ billion | | Activity | 2014-15 | 2015-16 | | Amount | Amount | % Share in Total | % Share in Purchase | | A. Agriculture-related, Plantations & Allied activities | 5.7 | 5.2 | 0.1 | 11.3 | | B. Mining | 10.1 | 8.5 | 0.2 | 10.5 | | C. Manufacturing | 3,421.7 | 3,429.3 | 74.3 | 50.6 | | 1. Food products | 586.1 | 636.1 | 13.8 | 93.3 | | 2. Beverages | 7.2 | 8.2 | 0.2 | 15.6 | | 3. Tobacco products | 0.0 | 0.0 | 0.0 | 0.0 | | 4. Textiles | 7.1 | 7.0 | 0.2 | 35.4 | | 5. Wearing Apparel | 6.2 | 6.0 | 0.1 | 40.3 | | 6. Leather and related products | 4.3 | 4.7 | 0.1 | 31.3 | | 7. Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials | 0.2 | 0.3 | 0.0 | 100.0 | | 8. Manufacture of paper and paper products | 25.7 | 23.9 | 0.5 | 45.2 | | 9. Printing and reproduction of recorded media | 0.3 | 0.4 | 0.0 | 26.7 | | 10. Coke and refined petroleum products | 618.8 | 335.9 | 7.3 | 68.8 | | 11. Chemicals and chemical products | 198.4 | 194.0 | 4.2 | 56.2 | | 12. Pharmaceuticals, medicinal and chemical products | 91.5 | 91.6 | 2.0 | 50.5 | | 13. Rubber and plastics products | 47.9 | 47.5 | 1.0 | 48.9 | | 14. Other non-metallic mineral products | 11.6 | 12.9 | 0.3 | 18.0 | | 15. Basic metals | 89.1 | 99.9 | 2.2 | 36.5 | | 16. Fabricated metal products, except machinery and equipment | 8.6 | 10.7 | 0.2 | 19.6 | | 17. Computer, electronic and optical products | 426.5 | 532.5 | 11.5 | 85.3 | | 18. Electrical equipment | 161.4 | 173.3 | 3.8 | 38.5 | | 19. Machinery and equipment n.e.c. | 138.4 | 144.6 | 3.1 | 34.7 | | 20. Motor vehicles, trailers and semi-trailers | 320.6 | 339.6 | 7.4 | 23.3 | | 21. Other transport equipment | 35.1 | 48.5 | 1.1 | 40.8 | | 22. Furniture | 0.5 | 0.6 | 0.0 | 31.6 | | 23. Other manufacturing | 625.7 | 698.9 | 15.1 | 52.6 | | 24. Repair and installation of machinery and equipment | 10.5 | 12.2 | 0.3 | 41.6 | | D. Electricity, gas, steam and air conditioning supply | 5.3 | 13.5 | 0.3 | 23.0 | | E. Water supply; sewerage, waste management and remediation activities | 0.7 | 1.0 | 0.0 | 24.4 | | F. Construction | 29.1 | 20.3 | 0.4 | 12.7 | | G. Services | 1,131.8 | 1,136.4 | 24.6 | 30.9 | | 1. Wholesale and retail trade; repair of motor vehicles and motorcycles | 724.5 | 711.7 | 15.4 | 48.7 | | 2. Transportation and storage | 33.2 | 30.8 | 0.7 | 19.4 | | 3. Accommodation and Food service activities | 1.3 | 1.5 | 0.0 | 7.7 | | 4. Information and communication | 305.4 | 292.8 | 6.3 | 20.6 | | 5. Financial and insurance activities | 6.8 | 26.3 | 0.6 | 17.8 | | 6. Real estate activities | 0.6 | 0.8 | 0.0 | 2.3 | | 7. Other Services activities | 60.0 | 72.5 | 1.6 | 16.5 | | Total | 4,604.4 | 4,614.2 | 100.0 | 42.7 | | * Of the 10,794 subsidiary companies, 4,037 reported imports | |