FDI Inflows to Industrial Instruments

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Abstract:

The main aim of the FDI Inflows to Industrial Instruments is to provide to the overall growth of the Industrial Instruments sector and cater to the industrial growth of the country.

FDI Inflows to Industrial Instruments-Facts

FDI Inflows to Industrial Instruments is important for the economic development of India. As the country is going through a development process, continuous advancements are taking place in the industrial sector.

New techniques of production, and the use of advanced technological instrumentation, have become the order of the day. The advancement in the industrial sector must be supported by the manufacturing units supplying those equipments.

Over the past few years, India has become one of the favored destinations for foreign industrial instruments manufacturers. The advantages of India are low cost of production, the availability of skilled labor and huge opportunities of growth.

Major areas of FDI in Industrial Instruments

The main types of industrial instruments, in which the Foreign Direct Investments (FDI) are high, are -

-Industrial Automation Instruments

  • Control systems, PLC, SCADA
  • Robotics
  • Industrial image processing systems
  • Linear positioning systems
  • Communication, networks and field bus systems
  • Sensors and actuators
  • Industrial PCs
  • Assembly and handling systems
  • Measuring and test systems
  • Embedded systems
  • Automation
  • Industrial automatic data capturing and identification systems
  • Laser technology
  • Safety and security systems
  • Industrial building automation systems

-Electrical Industrial Instruments

  • Cables and cabling accessories
  • Transformers, accumulators and uncut power supplies
  • Electrical generators, engines, and fuel cells
  • Electronic and opto-electronic components for electrical control systems
  • Electric switch gear and equipment
  • Electric and electronic test and measuring equipment
  • Lighting equipment

-Microsystems based Industrial Instruments

  • Microsystems components
  • Modular micro-systems
  • Micro sensors
  • Micro actuators
  • Micro fiber optics

FDI Inflows to Industrial Instruments-Yearly

  • In the year 2003, the number of approval was 211, out of which 117 were technical and 94 were financial, the amount of FDI approved was ` 1489.86 million and the percentage of contribution towards total FDI was 0.05 %.

  • In the year 2004, the number of approval was 157, out of which 90 were technical and 67 were financial, the amount of FDI approved was ` 3196.50 million and the percentage of contribution towards total FDI was 0.06 %.

Last Updated on 4/23/2011