‘Make in India’ initiative increases FDI inflow in industry sector
Source: PIB, Government of India
FDI in Heavy Industries The Policy and information regarding Foreign Direct Investment (FDI) is maintained by the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce & Industry. DIPP have informed that they do not maintain separate data on FDI in the ‘Heavy Industries’ sector. However, the FDI equity inflow received in the ‘Industry’ sector head shows 35.42% growth after the launch of ‘Make in India Initiative’ in September 2014 compared to the figures of the preceding corresponding period as given below:
| Period | FDI Equity inflow (Amount in $Billion) |
| October 2013 to May 2014 | 7.68 |
| October 2014 to May 2015 | 10.40 |
| Growth | 35.42% |
This information was given by Minister of State in the Ministry of Heavy Industries and Public Enterprises G M Siddeshwara in a written reply in Lok Sabha on Tuesday.
August 11, 2015 | 4:41pm IST.
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