(i)        Sector-wise:  During  the period from April 1999 to March 2007, the largest amount of approvals for overseas investment was in the financial and non-financial services sector (including software development) at US$ 13099.72 mn followed by manufacturing sector at US$ 12538.38  mn, Other activities at US$ 2393.06 mn and Trading sector at US$ 1884.57 million respectively.

 

 A Sector-wise break up of approvals for overseas investments is at Annexure 4.

 

 

 (ii)        Region-wise,  In the year 2006-07, Other European countries (US$ 6702.96 million) accounted for major share of India’s overseas investment followed by European Common Market Region (US$ 3344.89 mn,  Economic & Social Commission for Asia Pacific Region (US$ 1737.89 mn), Organisation Commune African El Malagache Region (US$ 1289 mn) and North American region (US$ 1252.44 mn) respectively.

 

A Statement showing regional break-up of overseas investments approved is at Annexure 5.  

 

 

(iii)       Country-wise :  During the period April 1996 to March 2007, Channel Island was the largest recipient of approvals for Indian direct investment at US$  5414.07 million, followed by USA at US$ 3285.19 million, Russia at US$ 2839.63 million, U.K at US$ 2683.3 million and Mauritius at US$ 2572 million.

 

A country-wise classification of approvals of overseas investments during the last 11 years is at Annexure 6