The Reserve Bank of India released the January 2017 issue of its monthly RBI Bulletin which includes the article on ‘Census on Foreign Liabilities and Assets of Indian Direct investment Companies: 2015-16’ apart from Press Releases on Working Papers and Occasional Papers.
The Report on Trend and Progress of Banking in India 2015-16 and Financial Stability Report – December 2016 are being issued as a supplement with this issue of the RBI Bulletin.
The total inward FDI stock stood at Rs. 20,140 bn, while total ODI was placed at Rs. 5,790.2 bn at market value in March 2016. FDI stock at market value in the manufacturing and services sectors stoodat Rs. 10,006.3 bn and Rs. 8,590.8 billion, respectively in March 2016.
Other investment liabilities with unrelated non-resident entity stood at Rs. 12,640.8 billion in March 2016. Corresponding overseas assets amounted to 35.1 per cent of such liabilities.
Among the source countries for FDI, Mauritius had the largest share (20.8 per cent) followed by USA (17.4 per cent), UK (15.1 per cent). The major destination for ODI by Indian companies was Singapore (20.6 per cent) in March 2016.
Total sales of Indian subsidiary companies in foreign countries (including exports of Rs. 988.2 bn) stood at Rs. 3,301.1 bn in 2015-16 while their total purchase (including imports of Rs. 1,188.3 bn) was placed at Rs. 3,150.7 bn.
Total sales of foreign subsidiaries in India (including exports of Rs.5,493.6 bn) stood at Rs. 17,078.2 bn in 2015-16 while their purchases (including imports of Rs. 4,614.2 bn), were placed at Rs. 10,812.2 bn.