The department has stated that in the month of Ashoj alone, foreign direct investment commitments worth Rs 2.45 billion have been received in 75 industries.
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Foreign direct investment (FDI) commitments worth 35.13 billion 7.786 million rupees have been received in the first three months of the current fiscal year. According to the Department of Industry, foreign investment commitments have been registered in 311 industries during this period.
The department has stated that in the month of Ashoj alone, 75 industries have received foreign direct investment commitments worth Rs 2.457 billion. According to the department, in the first quarter, 197 industries have received investment commitments worth Rs 33.274 billion through the automatic route.
Foreign direct investment commitments worth Rs 1.862 billion have been registered in 114 industries through the approval route. According to the department, the highest investment commitment has been made in the tourism sector.
In terms of sectors, the department has stated that 71 percent of foreign investment commitments have been registered in the tourism sector, 10 percent in the manufacturing sector, nine percent in the service sector, eight percent in the information technology sector and two percent in the agriculture sector. However, the department's details state that foreign investment commitments in the minerals, infrastructure and energy sectors are almost zero.
According to the department, approval has been given to withdraw royalties worth Rs 382.254 billion. Similarly, approval has been given to withdraw royalties worth US$ 8,521, Indian rupees 5,914,344 and 10,200 euros, the department has stated.
