Investments in India
Highest Investment in Fourth Quarter
- India’s investments in January-to-March quarter (2022-23) recorded the highest-ever total fresh investments of Rs 14.6 lakh crore.
- Private Sector: It hit an all-time high of Rs 10.5 lakh crore in quarter 4.
- Private sector investments jumped 90.7% to Rs 25.32 lakh crore in 2022-23 from Rs 13.27 lakh crore a year earlier.
Major Investments
- Manufacturing: New manufacturing investments in Q4 of 2022-23 were almost Rs 9.6 lakh crore.
- Its share in total fresh investment increased from 41.93% in 2021-22 to 53.66% in 2022-23.
- Electricity: Investments in this sector surged 175% to Rs 4.11 lakh crore from less than Rs 1.5 lakh crore in 2021-22.
- Mining: It was the only sector to record a contraction in investment plans in 2022-23. It slipped 4.2% to Rs 65,252 crore.
- Irrigation and Infrastructure: Investments in irrigation projects recorded an almost five-fold increase in 2022-23 to hit nearly Rs 62,000 crore.
- Infrastructure projects saw a 32.4% uptick to cross Rs 11.76 lakh crore from Rs 8.88 lakh crore in 2021-22.
States with Big Investment
- Andhra Pradesh emerged as the top State in 2022-23 to attract fresh investments.
- This included seven Green Hydrogen projects and 18 Hydel-based power projects.
- Gujarat: It emerged as the second state with 1,008 new projects worth Rs 4.44 lakh crore.
- The State is host to three of the mega superconductor fabrication projects announced in India last year.
- Maharashtra: It emerged as the fourth state in 2022-23 to attract investment.
- Other States: Odisha, with investments of Rs 3.65 lakh crore was close behind Maharashtra, followed by Uttar Pradesh (Rs 2.4 lakh crore), Rajasthan (Rs 2.13 lakh crore), Tamil Nadu (Rs 1.73 lakh crore) and Telangana (Rs 1.58 lakh crore).
- West Bengal completed the list of top 10 States, with Rs 1.22 lakh crore of investment projects.
Foreign Direct Investment (FDI)
- India registered its highest-ever FDI inflows of USD 84.84 billion in 2021-22.
- FDI inflow into India fell by 15% to $36.75 billion during the April-December 2022.
- Among states, Maharashtra and Karnataka attracted maximum FDI inflow between April-December 2022.
- Computer hardware and software sector attracted the highest FDI inflows of $8 billion during April- December 2022.
- Other sector with high FDI inflows were services sector ($6.6 billion), trading ($4.14 billion), drug & pharmaceutical ($1.8 billion) and chemicals ($1.5 billion).
Top FDI Investors
- During 2022-23, Singapore was the top investor with $13 billion FDI.
- It was followed by Mauritius ($4.7 billion), the US (about $5 billion), the UAE ($3.1 billion), the Netherlands ($2.15 billion), Japan ($1.4 billion), and Cyprus ($1.15 billion).