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       Saudi Investment in India

         From January 1991 to 2004, Government has approved 26,588 foreign collaboration (technical & financial) proposals with a corresponding foreign direct investment of Rs. 2,497.18 crore (US $ 67.15) billion and Cumulative inflows of FDI during 1991-2004 (up to November) is Rs. 131,387 Crore (US $ 32.15) billion.

The tables given below indicate the year-wise figures of foreign Investment approved with Saudi Arabian companies since 1991.

 (Amount in million)

Year

1991-1999

2000

2001

2002

2003

2004*

Total

Approvals

In Rupees

8,118.8

2.3

0.5

14.5

40.5

1.4

8,178.0

In US Dollars

227.6

0.05

0.01

0.3

0.9

0.03

228.8

Inflows

In Rupees

422.21

10.39

1.81

15.04

33.53

271.44

754.41

In US Dollars

11.1

0.2

0.04

0.3

0.7

5.90

18.20

 (* Updated up to November 2004)  

(Inflow is 9.22% of the FDI approved)     

       The Industry-wise break-up of foreign direct investment and technical collaboration approved for Saudi Arabian companies during 01.08.1991 to 30.11.2004 is at Annex. I.

        Details of FDI cases approved for Saudi Arabia during 01.08.1991 to 30.11.2004 is at Annex-II.  

 

 

   
   
   
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