KARNATAKA UDYOG MITRA – THE INITIATIVE

Policy Initiatives | Growth Corridors | Industrial Investments

Globalization, burgeoning competition, increasing influence of free market forces and the integration with the world economy have created an atmosphere that favours investments sans geographic boundaries.

Not surprisingly, global investments have found their way to emerging economies like India. With inherent advantages, favourable policies and an investor friendly climate - Karnataka continues figure prominently on the investment radar.

Karnataka has an impressive record in attracting and retaining Foreign Direct Investments (FDI) - especially in the realm of industrial investments.

Year wise details of Foreign Direct Investment approved by GOI for Karnataka

Year	No of Projects	Investments(Millions USD)
2003-04	30	8744.62
2002-03	7	1178.82
2001-02	20	5871.90
2000-01	88	38345.82
1999-00	15	11054.39
1998-99	11	7452.34
1997-98	16	6051.72
1996-97	20	6869.66
1995-96	27	30188.11
1994-95	16	7152.74
1993-94	11	5305.15
1992-93	3	6084.00
1991-92	3	326.21

Total

267

134625.48

Country wise details of Foreign Direct Investment approved by GOI for Karnataka

Country	No of Projects	Investments(Millions USD)
U.S.A	616	829.56
Mauritius	156	426.64
U.K.	155	239.86
Japan	133	133
Germany	190	352.44
France	51	73.20
Netherlands	87	73.14
Singapore	93	129.78
Belgium	20	896.03
Canada	17	6.54
Sweden	27	51.08
Euro Issues	6	1449.71
NRIs	156	378.43
Others	385	260.33

Total

2092

5299.74

Status of Foreign Direct Investment approved by GOI for Karnataka

Project Status	No of Projects	Investments(Millions USD)
Implemented	728	2904.73
Under Implementation	1202	2532.22
Under Review	143	112.51
Dropped	8	2.01

Total

2081

5551.47

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Last updated on

06-Aug-2008