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    Index of Eight Core Industries (Base: 2004-05=100) for November, 2015
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December 31, 2015
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Index of eight core industries shows mixed sectoral performance with overall slowdown and divergent cumulative trends.
The release reports the Index of Eight Core Industries for November 2015, showing a year on year decline in the combined core index alongside modest cumulative growth for April-November 2015-16, and details sectoral monthly and cumulative indices and growth rates, with noted revisions to historical data and an announced date for the next release.
December 31, 2015
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Track and Trace system: DAVA pilot to mandate serialization for pharmaceutical exports, enabling drug authentication, traceability and recalls.
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December 31, 2015
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Export Incentive Reform: Consolidated MEIS and SEIS streamline transferable rewards and broaden eligibility for exporters.
The Foreign Trade Policy 2015-20 centralises export incentives into MEIS for merchandise and SEIS for services, offering product- and market-focused rewards payable as transferable duty credit scrips and expanding eligibility to service providers located in India. Complementary reforms include interest equalisation for MSME export credit, extended authorisation validity for dual-use and defence-related exports, SEZ and EOU procedural flexibilities, digitisation and customs integration for paperless trade, and administrative measures to reduce required export/import documents and transaction costs.
December 30, 2015
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Treatment of revenue for cost statements: net sales realization basis, assignment rules, and disclosure requirements ensured.
Prescribes principles and methods for measurement, treatment, assignment, presentation and disclosure of revenue in cost statements, requiring revenue from goods and services to be measured by net sales realization separately by unit, location and product/service type, adjusted for returns, discounts, indirect taxes and time value of money where applicable; treats by product realizations net of further processing and adjusted against joint costs; excludes other income from cost account profit; treats export incentives as revenue from operations; assigns revenue where economically feasible; and mandates specified presentation and disclosures.
December 25, 2015
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Minimum export price removed for onion exports, permitting shipments without MEP restrictions until further notice.
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December 23, 2015
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Central Sector Scheme for integrated fisheries development to implement Blue Revolution and strengthen fisheries governance and infrastructure.
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December 22, 2015
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Exports excluding petroleum and gems show limited decline, indicating no systemic export crisis and muted real-term contraction.
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December 17, 2015
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Special Safeguard Mechanism: developing countries seek a fair instrument against import surges and subsidized price dips.
Export Competition must be preserved as a pillar to maintain negotiating balance; late, limited group proposals that cherry pick or dilute its provisions and introduce new definitions impede transparency and require extensive domestic consultation. The Special Safeguard Mechanism is essential for developing countries to address import surges and subsidized price dips; a simplified SSM offer has been submitted and members are urged to engage constructively and expedite consideration.
December 17, 2015
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Upfront payment methodology for coal allotments requires staged instalments and monthly royalty to states to boost PSU coal supply.
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December 17, 2015
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Regulatory simplification under Make in India accelerates trade clearance by reducing documentation and integrating customs systems.
The initiative emphasizes Regulatory Simplification and operational integration to expedite cross border trade by making the Importer Exporter Code available online, reducing export/import document requirements, establishing Customs Clearance Facilitation Committees at ports, and integrating the customs Single Window with food safety and plant quarantine agencies for faster clearance.
December 16, 2015
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Doha Development Agenda reaffirmation urged; prioritize food security safeguards, LDC integration and services liberalization.
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December 14, 2015
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Ease of doing business enhanced through investor facilitation and single window reforms enabling streamlined online clearances and services.
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December 11, 2015
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Foreign assets and liabilities census reveals equity dominance in direct investment and detailed country sector distributions.
The Annual Census on Foreign Liabilities and Assets for 2014-15 reports provisional coverage of 17,642 companies and details inward FDI, ODI and other investments at end March 2015. It highlights equity dominance in inward and outward direct investment, quantifies other investment liabilities and assets, identifies principal source and destination countries, and provides sectoral breakdowns showing manufacturing and services as main recipients of foreign equity. The release also tabulates sales, purchases, exports and imports of overseas subsidiaries and foreign subsidiaries in India.
December 9, 2015
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Indirect tax revenue growth year on year driven by central excise and service tax gains, with modest customs increase.
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December 3, 2015
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Exchange rate determination for customs conversions: notified foreign currency rates now govern import and export valuation under the Customs Act.
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November 30, 2015
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Import policy revision for natural rubber protects growers by raising customs duty and shortening export obligations period.
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November 30, 2015
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November 26, 2015
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Indirect tax exemptions for domestic shipbuilding expanded, with EOUs eligible and warehouse requirement replaced by actual user conditions.
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November 25, 2015
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Stock limits and de-hoarding measures ordered to stabilise raw jute supply and market availability.
The Government directed the Jute Commissioner to notify stock limits and undertake de-hoarding with State Governments to release seasonally produced raw jute to mills; asked the Department of Commerce and Ministry of External Affairs to seek lifting of Bangladesh's export ban; and instructed State Governments and the Department of Agriculture to adopt measures to promote jute cultivation and check its decline.
November 21, 2015
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Indirect Tax Ombudsmen strengthening: enhanced taxpayer grievance channels and outreach to trade associations for redress.
The Indirect Tax Ombudsmen (ITOM) will hold meetings with trade and industry associations and encourage taxpayers to submit complaints. ITOMs serve as a grievance mechanism for deficiencies in Customs, Central Excise and Service Tax administration, including non-adherence to working hours and delays in refunds, rebate and drawback, and may propose remedial action. ITOMs are constituted under the ITOM Guidelines and contact details are available on the central board's taxpayer assistance portal.

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Customs, DGFT & SEZ

Census on Foreign Liabilities and Assets of Indian Direct Investment Companies, 2014-15 – Data Release

December 11, 2015

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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 2014-15.

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 2014-15 round of FLA census, 17,642 companies reported, of which 16,242 companies had FDI/ODI in their balance sheet in March 2015. Of these, 627 companies had bi-directional direct investment, 13,669 companies received only FDI and 1,946 had only ODI. Of the 14,296 companies that reported inward direct investment, 10,777 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 2,573 ODI reporting Indian companies, 2,129 companies had 3,608 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 (₹3,460.9 billion at face value) vis-à-vis listed companies (₹ 117.0 billion at face value) in March 2015. The share of non-financial companies in total foreign equity participation was much larger (₹ 3,029.5 billion at face value) as compared with financial companies (₹ 548.4 billion). (Tables 1, 2A and 2B)
  • Inward/Outward Direct Investment: Equity participation had a much larger share (94.1 per cent) than debt in total inward FDI, which stood at ₹ 19,629.7 billion at market value in March 2015 (₹ 15,062.6 billion a year ago). Total ODI was placed at ₹ 5,320.1 billion at market value (₹ 5,580.8 billion a year ago). Under ODI too, equity participation had a large share (79.2 per cent). The ratio of outward to inward direct investment, at market value, declined from 37.1 per cent to 27.1 per cent over this period. (Table 3)
  • Other Investment: Other investment liabilities, which include trade credit, loans, currency and deposits and other payable with unrelated (third party) non-resident entity, stood at ₹ 12,821.8 billion in March 2015 (₹ 11,869.3 billion a year ago). Corresponding overseas assets accounted for 33.4 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 (21.9 per cent) followed by USA (16.9 per cent), UK (15.3 per cent), Singapore (9.5 per cent) and Germany (8.0 per cent). The destination for ODI of Indian companies was largely shared by Singapore (24.7 per cent), Mauritius (15.0 per cent), Netherlands (13.0 per cent) and USA (11.8 per cent). (Tables 5 and 6)
  • Activity/Sector-wise of Inward FDI: Both manufacturing and services sectors attracted foreign equity participation. Total FDI stock at market value in the manufacturing and services sectors stood at ₹ 10,208.1 billion in March 2015 (₹ 7,458.1 billion a year ago) and ₹ 7,748.4 billion (₹ 5,987.2 billion a year ago), respectively. While manufacturing sector accounted for more than half of the total FDI at market prices, ‘information and communication services’ (18.1 per cent) and ‘financial and insurance activities’ (11.8 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 12.6 per cent to ₹ 3,529.7 billion in 2014-15. The total value of their purchase, including imports, increased by 15.3 per cent to ₹ 2,692.4 billion in 2014-15. Their purchase-to-sales ratio was 76.3 per cent. (Table 9)
  • Exports/Imports of Overseas Subsidiaries of Indian Companies: Total exports of overseas subsidiaries increased by 5.9 per cent to ₹ 940.8 billion in 2014-15 whereas their total imports increased by 21.1 per cent to ₹ 1,257.6 billion in 2014-15. Their export-to-sales and import-to-purchase ratios stood at 26.7 per cent and 46.7 per cent, respectively, in 2014-15. (Table 9)
  • Sales/Purchases of Foreign Subsidiary Companies in India: Total sales, including exports, of foreign subsidiaries increased by 11.8 per cent to ₹ 16,590.4 billion in 2014-15 whereas their purchase, including imports, increased by 10.4 per cent to ₹ 10,465.6 billion. Their purchase to sales ratio was around 63 per cent. (Tables 10 and 11)
  • Exports/Imports of Foreign Subsidiary Companies in India: Total exports of foreign subsidiaries companies increased by 15.2 per cent to ₹ 5,637.4 billion in 2014-15. Exports constituted 34.0 per cent share in their total sales. The ‘Information and communication services’ sector had the highest share of 18.1 per cent in sales, of which, 75.8 per cent was through exports. Total imports of subsidiary companies increased by 9.8 per cent to ₹ 4,695.2 billion in 2014-15. Imports accounted for 44.9 per cent of total purchase of these companies. (Tables 12 and 13)

An article analysing the findings of the Census is being published in the January 2016 issue of the RBI Bulletin.

Sangeeta Das
Director

Table 1: Coverage of Companies Reported in FLA 2014-15

Category

Types of Company

Direct Investment
(No. of Companies)

Both Inward & Outward

Only Inward

Only Outward

Unlisted Companies

Foreign Associate in India

302

2,836

-

Foreign Subsidiary in India

210

10,466

-

Others

-

154*

1,479

Total

512

13,456

1,479

Listed Companies

Foreign Associate in India

92

135

-

Foreign Subsidiary in India

23

78

-

Others

-

-

467

Total

115

213

467

Grand Total

627

13,669

1,946

* include Special Purpose Vehicle (SPV), Public-Private Partnership.

 

Table 2A: Foreign Equity Participation of Financial & Non-Financial FDI Companies

Amount in ₹ billion at face value (end-March 2015)

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

657

914.5

861.8

548.4

63.6

Non-Financial Companies

13,639

4,366.2

3,975.8

3,029.5

76.2

Total

14,296

5,280.7

4,837.6

3,577.9

74.0

 

Table 2B: Foreign Equity Participation of Listed & Unlisted FDI Companies

Amount in ₹ billion at face value (end-March 2015)

Category

Unlisted Company

Listed Company

Total

Amount (in billion)

Per cent

Amount (in billion)

Per cent

Amount (in billion)

No. of Company (actual)

13,968

97.7

328

2.3

14,296

PUC

4,882.2

92.5

398.6

7.5

5,280.7

of which Equity Capital

4,477.3

92.6

360.4

7.4

4,837.7

of which FDI Equity Capital

3,460.9

96.7

117.0

3.3

3,577.9

 

Table 3: Inward and Outward Direct Investment

Amount in ₹ billion at market value (end-March)

Direct Investment

Inward

Outward

 

2014

2015

2014

2015

Equity

14,097.7

18,463.2

4,399.8

4,212.6

Debt

964.9

1,166.5

1,181.0

1,107.5

Total

15,062.6

19,629.7

5,580.8

5,320.1

 

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

2014

2015

2014

2015

Trade Credits

2,507.3

2,442.4

1,172.2

1,268.1

Loans

5,644.7

5,297.9

1,476.3

1,597.9

Currency & Deposits

2,015.2

2,529.3

569.5

540.5

Other receivable and payable accounts

1,702.1

2,552.2

936.3

870.7

Total

11,869.3

12,821.8

4,154.3

4,277.2

 

Table 5: Country wise distribution of Inward Direct Investment: March 2015

Amount in ₹ billion at market value

Country

Total FDI

Equity

Debt

All Countries

19,629.7

18,463.2

1,166.5

of which:

 

 

 

Mauritius

4,299.2

4,081.7

217.5

United States of America

3,308.5

3,296.5

12.0

United Kingdom

3,004.0

2,958.9

45.1

Singapore

1,873.6

1,573.3

300.3

Germany

1,561.0

1,496.7

64.2

Japan

1,545.0

1,423.2

121.7

Switzerland

995.6

975.5

20.2

Netherlands

995.0

909.2

85.8

Korea, Republic of

341.7

222.1

119.5

France

303.9

283.1

20.8

 

Table 6: Country-wise Distribution of ODI Stock: March 2015

Amount in ₹ billion at market value

Country

Total ODI

Equity

Debt

Total

5,320.1

4,212.6

1,107.5

of which:

 

 

 

Singapore

1,315.0

1,114.6

200.3

Mauritius

799.2

624.9

174.3

Netherlands

694.2

598.8

95.4

United States of America

627.5

297.9

329.6

Bahrain

289.1

51.4

237.7

United Arab Emirates

266.8

185.8

81.0

Jersey

260.5

241.4

19.1

Australia

148.0

144.8

3.1

United Kingdom

143.8

116.7

27.2

Cyprus

122.8

121.6

1.1

 

Table 7: Activity-wise Equity Participation of the Indian Companies: March 2015

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

12.9

10.7

82.9

2. Mining

56.5

29.2

51.7

3. Manufacturing

2,036.1

1,696.8

83.3

4. Electricity, gas, steam and air conditioning supply

301.0

173.6

57.7

5. Water supply; sewerage, waste management and remediation activities

4.4

3.7

84.1

6. Construction

218.1

152.0

69.7

7.Information and communication

464.6

258.3

55.6

8.Other Services

1,744.0

1,253.6

71.9

Total

4,837.6

3,577.9

74.0

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.

 

Table 8: Activity wise Distribution in 14,296 FDI companies: March 2015

 

Amount in ₹ billion at market value

 

Activity

No. of Companies

Equity

Debt

Total

 
 

A. Agriculture-related, Plantations & Allied activities

81

50.5

1.1

51.6

 

B. Mining

129

666.3

3.4

669.7

 

C. Manufacturing

3,798

9,630.2

577.9

10,208.1

 

1. Food products

166

828.0

10.3

838.3

 

2. Beverages

32

142.5

2.8

145.3

 

3.Tobacco products

4

658.7

-

658.7

 

4. Textiles

100

34.8

3.4

38.2

 

5. Wearing Apparel

53

96.9

1.4

98.3

 

6. Leather and related products

25

41.3

0.2

41.5

 

7.Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials

8

0.1

0.2

0.3

 

8. Manufacture of paper and paper products

39

36.0

10.8

46.8

 

9. Printing and reproduction of recorded media

11

1.1

0.2

1.3

 

10.Coke and refined petroleum products

23

355.4

-12.8

342.6

 

11.Chemicals and chemical products

249

1,460.1

30.2

1,490.3

 

12. Pharmaceuticals, medicinal and chemical products

208

827.0

95.6

922.6

 

13.Rrubber and plastics products

141

134.1

8.2

142.3

 

14.Other non-metallic mineral products

40

188.3

3.9

192.2

 

15.Basic metals

62

156.1

32.4

188.5

 

16. Fabricated metal products, except machinery and equipment

146

53.9

4.6

58.5

 

17.Computer, electronic and optical products

88

195.4

77.2

272.6

 

18. Electrical equipment

187

784.8

24.9

809.7

 

19.Machinery and equipment n.e.c.

552

585.6

28.1

613.7

 

20. Motor vehicles, trailers and semi-trailers

135

1,161.6

134.1

1,295.7

 

21. Other transport equipment

94

81.1

11.9

93.0

 

22. Furniture

21

2.2

0.3

2.5

 

23. Other manufacturing

1,229

1,781.1

105.2

1,886.3

 

24. Repair and installation of machinery and equipment

185

24.1

4.8

28.9

 

D. Electricity, gas, steam and air conditioning supply

327

345.1

88.2

433.3

 

E. Water supply; sewerage, waste management and remediation activities

64

2.9

0.4

3.3

 

F. Construction

741

413.9

101.4

515.3

 

G. Services

9,156

7,354.5

393.9

7,748.4

 

1.Wholesale and retail trade; repair of motor vehicles and motorcycles

1,274

419.5

42.6

462.1

 

2.Transportation and storage

381

363.5

9.3

372.8

 

3.Accommodation and Food service activities

359

120.7

14.2

134.9

 

4.Information and communication

3,192

3,377.1

179.6

3,556.7

 

5.Financial and insurance activities

657

2,284.5

28.7

2,313.2

 

6.Real estate activities

203

119.7

27.5

147.2

 

7.Other Services activities

3,090

669.5

92.0

761.5

 

Total

14,296

18,463.4

1,166.3

19,629.7

 

 

Table 9: Sale and Purchase of 3,608 Overseas Subsidiaries of 2,129 Indian Companies

Amount in ₹ billion

Item

2013-14

2014-15

Total Sales

3,136.1

3,529.7

of which: Exports

888.1

940.8

Total Purchase

2,334.6

2,692.4

of which: Imports

1,038.5

1,257.6

 

Table 10: Activity-wise Sales of 10,777 Foreign Subsidiary Companies in India

Amount in ₹ billion

Activity

No. of Companies

2013-14

2014-15

% Share in Total (2014-15)

A. Agriculture-related, Plantations & Allied activities

35

53.8

64.5

0.4

B. Mining

38

107.4

113.0

0.7

C. Manufacturing

2,258

9,431.1

10,207.5

61.5

1. Food products

87

1,089.3

1,055.7

6.4

2. Beverages

18

109.4

126.8

0.8

3. Tobacco products

0

0.0

0.0

0.0

4. Textiles

37

63.8

65.1

0.4

5. Wearing Apparel

18

18.0

21.3

0.1

6. Leather and related products

7

31.1

33.2

0.2

7. Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials

3

0.2

0.4

0.0

8. Manufacture of paper and paper products

20

75.9

92.5

0.6

9. Printing and reproduction of recorded media

5

1.5

1.2

0.0

10. Coke and refined petroleum products

11

1,086.3

945.5

5.7

11. Chemicals and chemical products

152

783.1

866.6

5.2

12. Pharmaceuticals, medicinal and chemical products

106

280.4

323.4

1.9

13. Rubber and plastics products

87

140.1

157.3

0.9

14. Other non-metallic mineral products

24

113.8

147.3

0.9

15. Basic metals

24

215.2

251.7

1.5

16. Fabricated metal products, except machinery and equipment

73

60.1

79.7

0.5

17. Computer, electronic and optical products

59

909.4

908.9

5.5

18. Electrical equipment

127

532.9

578.1

3.5

19. Machinery and equipment n.e.c.

378

605.4

656.4

4.0

20. Motor vehicles, trailers and semi-trailers

87

1,833.3

2,090.2

12.6

21. Other transport equipment

54

99.1

123.5

0.7

22. Furniture

12

3.7

4.6

0.0

23. Other manufacturing

723

1,334.7

1,625.9

9.8

24. Repair and installation of machinery and equipment

146

44.4

52.2

0.3

D. Electricity, gas, steam and air conditioning supply

82

42.3

42.1

0.3

E. Water supply; sewerage, waste management and remediation activities

33

6.3

6.7

0.0

F. Construction

196

263.2

247.9

1.5

G. Services

5,390

4,931.6

5,908.7

35.6

1. Wholesale and retail trade; repair of motor vehicles and motorcycles

835

1,192.9

1,510.3

9.1

2. Transportation and storage

175

204.7

235.9

1.4

3. Accommodation and Food service activities

99

41.7

48.1

0.3

4. Information and communication

2,142

2,601.0

3,009.4

18.1

5. Financial and insurance activities

260

185.3

283.7

1.7

6. Real estate activities

39

33.0

38.5

0.2

7. Other Services activities

1,840

673.0

782.8

4.7

Total

8,032*

14,835.7

16,590.4

100.0

* Of the 10,777 subsidiary companies, 8,032 reported sales

 

Table 11: Activity-wise Purchase of 10,777 Foreign Subsidiary Companies in India

Amount in ₹ billion

Activity

No. of Companies

2013-14

2014-15

% Share in Total (2014-15)

A. Agriculture-related, Plantations & Allied activities

30

41.5

51.7

0.5

B. Mining

35

75.7

78.7

0.8

C. Manufacturing

2,148

6,639.6

6,985.8

66.8

1. Food products

86

888.5

828.6

7.9

2. Beverages

17

45.7

53.6

0.5

3. Tobacco products

0

0.0

0.0

0.0

4. Textiles

35

26.2

27.7

0.3

5. Wearing Apparel

18

10.2

12.3

0.1

6. Leather and related products

8

12.9

13.7

0.1

7. Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials

3

0.1

0.2

0.0

8. Manufacture of paper and paper products

19

41.6

49.9

0.5

9. Printing and reproduction of recorded media

2

0.6

0.6

0.0

10. Coke and refined petroleum products

11

935.9

798.7

7.6

11. Chemicals and chemical products

143

368.3

396.9

3.8

12. Pharmaceuticals, medicinal and chemical products

96

144.8

166.0

1.6

13. Rubber and plastics products

85

92.8

102.5

1.0

14. Other non-metallic mineral products

23

62.1

85.3

0.8

15 .Basic metals

23

297.1

263.2

2.5

16. Fabricated metal products, except machinery and equipment

74

39.0

51.6

0.5

17. Computer, electronic and optical products

53

633.2

583.9

5.6

18. Electrical equipment

121

388.6

412.0

3.9

19. Machinery and equipment n.e.c.

361

374.2

410.4

3.9

20. Motor vehicles, trailers and semi-trailers

88

1,271.3

1,481.4

14.2

21. Other transport equipment

53

72.2

89.9

0.9

22. Furniture

11

2.4

3.0

0.0

23. Other manufacturing

695

910.2

1,127.9

10.8

24. Repair and installation of machinery and equipment

123

21.7

26.5

0.3

D. Electricity, gas, steam and air conditioning supply

43

18.7

43.6

0.4

E. Water supply; sewerage, waste management and remediation activities

33

3.6

3.4

0.0

F. Construction

143

172.6

153.5

1.5

G. Services

2,968

2,528.6

3,148.9

30.1

1. Wholesale and retail trade; repair of motor vehicles and motorcycles

782

999.2

1,324.5

12.7

2. Transportation and storage

129

132.6

157.8

1.5

3. Accommodation and Food service activities

83

21.3

23.1

0.2

4. Information and communication

908

925.4

1,092.6

10.4

5. Financial and insurance activities

117

79.6

143.4

1.4

6. Real estate activities

31

36.7

37.0

0.4

7. Other Services activities

918

333.8

370.5

3.5

Total

5,400*

9,480.3

10,465.6

100.0

* Of the 10,777 subsidiary companies, 5,400 reported purchase

 

Table 12: Activity-wise Export of 10,777* Foreign Subsidiary Companies in India

Amount in ₹ billion

Activity

2013-14

2014-15

Amount

Amount

% Share in Total

% Share in Sales

A. Agriculture-related, Plantations & Allied activities

6.1

7.7

0.1

11.9

B. Mining

6.1

5.8

0.1

5.1

C. Manufacturing

2,276.5

2,505.7

44.4

24.5

1. Food products

341.9

540.4

9.6

51.2

2. Beverages

3.0

4.3

0.1

3.4

3. Tobacco products

0.0

0.0

0.0

0.0

4. Textiles

37.8

39.1

0.7

60.1

5. Wearing Apparel

9.5

10.5

0.2

49.3

6. Leather and related products

2.0

2.1

0.0

6.3

7. Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials

0.0

0.1

0.0

25.0

8. Manufacture of paper and paper products

8.3

11.6

0.2

12.5

9. Printing and reproduction of recorded media

0.6

0.4

0.0

33.3

10. Coke and refined petroleum products

434.6

405.3

7.2

42.9

11. Chemicals and chemical products

98.8

107.1

1.9

12.4

12. Pharmaceuticals, medicinal and chemical products

82.3

91.6

1.6

28.3

13. Rubber and plastics products

25.3

26.1

0.5

16.6

14. Other non-metallic mineral products

7.9

10.3

0.2

7.0

15. Basic metals

40.4

36.2

0.6

14.4

16. Fabricated metal products, except machinery and equipment

8.7

11.2

0.2

14.1

17. Computer, electronic and optical products

218.6

137.3

2.4

15.1

18. Electrical equipment

86.2

100.3

1.8

17.3

19. Machinery and equipment n.e.c.

167.8

193.6

3.4

29.5

20. Motor vehicles, trailers and semi-trailers

365.4

417.9

7.4

20.0

21. Other transport equipment

32.0

38.3

0.7

31.0

22. Furniture

0.8

0.7

0.0

15.2

23. Other manufacturing

297.3

313.6

5.6

19.3

24. Repair and installation of machinery and equipment

7.3

7.7

0.1

14.8

D. Electricity, gas, steam and air conditioning supply

0.1

2.3

0.0

5.5

E. Water supply; sewerage, waste management and remediation activities

0.4

0.5

0.0

7.5

F. Construction

19.0

21.5

0.4

8.7

G. Services

2,586.8

3,093.9

54.9

52.4

1. Wholesale and retail trade; repair of motor vehicles and motorcycles

154.8

284.3

5.0

18.8

2. Transportation and storage

48.9

62.5

1.1

26.5

3. Accommodation and Food service activities

4.4

5.3

0.1

11.0

4. Information and communication

2,024.1

2,282.6

40.5

75.8

5. Financial and insurance activities

76.1

138.4

2.5

48.8

6. Real estate activities

0.5

0.4

0.0

1.0

7. Other Services activities

278.0

320.4

5.7

40.9

Total

4,895.0

5,637.4

100.0

34.0

* Of the 10,777 subsidiary companies, 6,024 reported exports

 

Table 13: Activity-wise Import of 10,777* Foreign Subsidiary Companies in India

Amount in ₹ billion

Activity

2013-14

2014-15

Amount

Amount

% Share in Total

% Share in Purchase

A. Agriculture-related, Plantations & Allied activities

5.0

6.8

0.1

13.2

B. Mining

7.1

8.4

0.2

10.7

C. Manufacturing

3,387.1

3,474.0

74.0

49.7

1. Food products

633.1

590.8

12.6

71.3

2. Beverages

5.4

7.5

0.2

14.0

3. Tobacco products

0.0

0.0

0.0

0.0

4. Textiles

10.1

14.0

0.3

50.5

5. Wearing Apparel

4.2

4.2

0.1

34.1

6. Leather and related products

4.1

4.3

0.1

31.4

7. Wood and wood products, except furniture; manufacture of articles of straw and plaiting materials

0.0

0.0

0.0

0.0

8. Manufacture of paper and paper products

25.8

26.7

0.6

53.5

9. Printing and reproduction of recorded media

0.1

0.1

0.0

16.7

10. Coke and refined petroleum products

747.8

618.4

13.2

77.4

11. Chemicals and chemical products

165.6

165.6

3.5

41.7

12. Pharmaceuticals, medicinal and chemical products

76.3

87.7

1.9

52.8

13. Rubber and plastics products

39.4

48.3

1.0

47.1

14. Other non-metallic mineral products

12.4

14.5

0.3

17.0

15. Basic metals

54.8

83.5

1.8

31.7

16. Fabricated metal products, except machinery and equipment

12.3

13.7

0.3

26.6

17. Computer, electronic and optical products

476.6

445.1

9.5

76.2

18. Electrical equipment

151.0

158.3

3.4

38.4

19. Machinery and equipment n.e.c.

133.8

155.8

3.3

38.0

20. Motor vehicles, trailers and semi-trailers

340.7

386.1

8.2

26.1

21. Other transport equipment

29.8

37.0

0.8

41.2

22. Furniture

0.7

0.6

0.0

20.0

23. Other manufacturing

454.6

601.6

12.8

53.3

24. Repair and installation of machinery and equipment

8.5

10.2

0.2

38.5

D. Electricity, gas, steam and air conditioning supply

3.5

4.3

0.1

9.9

E. Water supply; sewerage, waste management and remediation activities

0.2

0.1

0.0

2.9

F. Construction

44.1

38.4

0.8

25.0

G. Services

827.5

1,163.2

24.8

36.9

1. Wholesale and retail trade; repair of motor vehicles and motorcycles

479.8

737.4

15.7

55.7

2. Transportation and storage

27.2

29.1

0.6

18.4

3. Accommodation and Food service activities

2.0

2.4

0.1

10.4

4. Information and communication

221.8

249.6

5.3

22.8

5. Financial and insurance activities

16.1

67.4

1.4

47.0

6. Real estate activities

0.6

0.6

0.0

1.6

7. Other Services activities

80.0

76.7

1.6

20.7

Total

4,274.5

4,695.2

100.0

44.9

* Of the 10,777 subsidiary companies, 4,033 reported imports

 

 

Topics

Acts Income Tax