H O M E
Taxation Financial Institutions Capital Markets
Legislation Center & State Finances Union Budget
Department of Economic Affairs  

IC SECTION

COUNTRY-WISE APPROVALS OF INDIAN DIRECT INVESTMENTS IN JOINT VENTURES 
 AND WHOLLY OWNED SUBSIDIARIES

                                                                            (Amount US$ million)


S.No

Name of the country

Apl. 1996 to March 2002

2002-03

 

2003-04

 

2004-05

 

2005-06

2006-07

 

Total

 

1

Afghanistan

---

--

---

---

0.055

---

0.055

 

2

Algeria

--

--

0.54

0.25

0.235

0.315

1.340

 

3

Australia

6.99

94.97

92.87

158.76

75.271

174.912

603.773

 

4

Austria

77.64

---

---

0.11

---

1.696

79.446

 

5

Argentina

0.30

---

---

---

---

---

0.3

 

6

Azerbaijan

0.01

---

---

2.05

---

---

2.06

 

7

Bangladesh

14.95

1.18

4.08

1.72

1.203

15.952

39.085

 

8

Bahamas

0.01

---

0.02

---

---

0.100

0.130

 

9

Bahrain

11.36

1.16

---

0.05

0.712

0.411

 

13.693

 

10

Belgium

5.15

0.30

9.19

1.06

69.382

97.799

182.881

 

11

British Virgin Island

776.53

3.27

4.92

131.41

29.534

62.799

1008.463

 

12

Belize

0.36

---

---

---

---

---

0.36

 

13

Bermuda

232.63

28.95

142.46

221.26

2.600

---

627.90

 

14

Botswana

3.46

---

0.05

0.02

0.017

---

3.547

 

15

Brazil

12.98

5.17

4.95

17.21

420.122

26.638

487.070

 

16

Burkino Faso

--

--

--

0.05

---

--

0.05

 

17.

Bulgaria

---

---

--

--

--

0.288

0.288

 

18.

Bhutan

--

--

--

--

--

1.118

1.118

 

19.

Channel Island

13.64

0.49

---

3.61

37.490

5358.843

5414.073

 

20.

Cameroon

--

0.02

---

---

---

--

0.02

 

21

Canada

5.58

2.34

0.66

0.80

3.544

404.274

414.090

 

22

Cayman Island

11.63

---

---

2.76

82.437

7.085

103.912

 

23

Colombia

16.23

---

---

---

---

---

16.23

 

24

Congo

----

---

---

---

0.220

---

0.220

 

25

China

38.35

29.55

26.59

15.13

52.167

54.614

216.401

 

26

Cambodia

--

--

--

0.04

---

14.458

14.498

 

27

Cuba

--

---

--

--

--

17.000

17.000

 

28

Cyprus

1.85

---

0.03

1.93

13.400

1344.158

1361.368

 

29

Czech Republic

--

--

0.01

0.35

0.421

34.508

35.289

 

30

Denmark

0.01

---

---

6.78

16.516

2.358

25.664

 

31

Egypt

8.49

0.01

---

3.07

0.100

0.084

11.754

 

32

Ethiopia

0.54

0.57

0.22

0.20

1.796

2.523

5.849

 

33

France

5.07

1.83

84.37

22.31

0.630

0.693

114.903

 

34

Finland

2.40

---

---

0.03

---

0.01

2.44

 

35

Gabon

--

--

--

--

--

63.00

63.000

 

36

Germany

11.82

4.92

18.24

9.09

36.077

67.899

148.046

 

37

Georgia

---

---

---

---

0.130

8.861

8.991

 

38

Ghana

0.03

0.33

0.01

---

0.660

1.689

2.719

 

39

Greece

0.05

---

---

---

---

0.185

0.235

 

40

Honduras Republic

---

---

---

---

0.200

0.096

0.296

 

41

Hong Kong

445.12

14.80

16.15

73.64

88.758

80.115

718.583

 

42

Hungary

5.51

---

1.89

---

---

--

7.40

 

43

Indonesia

20.19

0.12

19.30

80.80

7.918

31.332

159.660

 

44

Iraq

5.00

---

---

---

---

--

5.00

 

45

Iran

59.15

43.60

0.49

0.21

0.312

0.561

104.323

 

46

Isle of Man

--

---

---

---

---

0.066

0.066

 

47

Israel

2.88

---

---

0.68

---

---

3.56

 

48

Ireland

43.46

---

4.63

1.93

3.596

2.906

56.523

 

49

Italy

42.21

0.09

0.06

7.62

0.216

7.117

57.313

 

50

Ivory Coast

0.01

---

---

7.24

6.852

0.390

14.492

 

51

Jordan

0.03

--

---

---

--

--

0.03

 

52

Japan

5.74

0.37

0.04

---

0.087

1.309

7.546

 

53

Kazakhstan

4.44

0.11

74.96

44.00

9.600

10.000

143.110

 

54

Kenya

12.75

0.59

1.77

0.19

0.319

0.200

15.819

 

55

Kuwait

11.81

0.04

0.21

1.55

0.301

---

13.911

 

56

Kyrgyzstan

7.98

0.15

---

2.75

2.000

---

12.88

 

57

North Korea

--

--

51.51

---

---

---

51.51

 

58

South Korea

0.45

---

---

1.55

---

0.700

2.700

 

59

Latvia

--

--

--

--

--

0.275

0.275

 

60

Liechtenstein

0.01

---

---

---

---

---

0.01

 

61

Luxembourg

17.30

0.95

---

---

--

0.009

18.259

 

62

Libya

30.00

---

---

---

25.280

75.00

130.280

 

63

Liberia

0.28

---

---

---

154.940

--

155.220

 

64

Malta

21.69

24.37

40.25

10.04

---

---

96.35

 

65

Mauritius

618.34

133.35

175.59

149.38

332.665

1162.786

2572.111

 

66

Myanmar

8.07

---

4.31

---

---

59.067

71.447

 

67

Maldives

21.00

---

---

---

1.10

0.143

22.243

 

68

Moldova

---

---

---

3.75

1.500

1.250

6.500

 

69

Malaysia

39.22

0.79

1.44

4.85

4.392

14.594

65.286

 

70

Republic of Madagascar

0.03

---

---

---

---

--

0.03

 

71

Morocco

32.49

---

---

---

---

--

32.49

 

72

Mozambique

--

--

--

2.55

7.515

---

10.065

 

73

Mexico

0.70

0.50

---

0.26

51.851

9.611

62.922

 

74

Nepal

67.00

5.69

5.32

3.86

0.793

4.112

86.775

 

75

Netherlands

157.92

15.92

30.18

30.65

284.619

1286.129

1805.418

 

76

Niger

---

---

---

---

0.010

---

0.010

 

77

Nigeria

6.69

4.08

2.16

7.53

4.301

11.637

36.398

 

78

Namibia

0.06

---

---

0.001

---

--

0.06

 

79

New Zealand

0.13

0.57

0.03

0.00

0.102

0.596

1.428

 

80

Norway

--

0.01

---

---

---

0.395

0.405

 

81

Oman

204.88

0.35

1.51

5.00

2.256

27.386

241.382

 

82

Pakistan

--

2.50

---

---

---

--

2.50

 

83

Peru

--

--

--

--

--

0.085

0.085

 

84

Philippines

0.14

0.01

0.79

3.34

4.478

1.125

9.883

 

85