Thursday, August 7, 2014

Foreign Direct Investment in Textiles Sector

The details of Foreign Direct Investment (FDI) in textile sector from April 2010 to June, 2013 are given in Annexure. The State/UT-wise details are not compiled.

No evaluation/study has been conducted on the effect of FDI on the growth of textile sector. However, the impact of FDI on the overall development of the sector is felt by way of technical knowhow, new products in domestic market and increase in exports.

Various labour laws including Minimum Wages Act being implemented by the State Governments to ensure that the interest of workers including those engaged in textile sector is protected.

Annexure

FINANCIAL YEAR-WISE BREAK-UP OF INFLOW OF FOREIGN DIRECT INVESTMENT (FDI) EQUITY IN INDIA
 (Amount in Billion)
Financial Year
IN FLOW OF FDI IN INDIA
Total (All Sector)
Textiles ( Including Dyed, Printed)

In Rs.
In US$
In Rs.
In US$

2009-2010
1231.20
25.83
7.15
0.150

2010-11
885.20
19.43
5.89
0.130

2011-12
1739.46
36.50
8.05
0.164

2012-13 (Apr-Jun)
238.20
4.43
1.75
0.033

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