FDI Inflows to Service Sector

Abstract:

The FDI Inflows to Service Sector has helped the development of several industries in the service sector of the Indian Economy, such as Tele Communication, Financial and Non financial, Hotel & Tourism, and many others.

FDI Inflows to Service Sector has been phenomenal in the past few years. Since the onset of the liberalization of the Indian economy in 1991, the country has experienced a huge increase in the inflow of Foreign Investments. The service sector in India has tremendous growth potential and as such it has attracted huge Foreign Direct Investments (FDI).

FDI Inflows to Service Sector (2000 -2005)

Year - 2000

• Tele Communication - ` 6855.4 million
• Consultancy Services - ` 209.0 million
• Financial and Non financial - ` 1861.5 million
• Hotel & Tourism - ` 524.0 million
• Trading - ` 1239.8 million
• Total service sector - ` 10689.7 million
• Total FDI Inflows - ` 193417.0 million

Year - 2001

• Tele Communication - ` 42671.0 million
• Consultancy Services - ` 2922.9 million
• Financial and Non financial - ` 8202.2 million
• Hotel & Tourism - ` 471.5 million
• Trading - ` 2204.4 million
• Total service sector - ` 56472.1 million
• Total FDI Inflows - ` 192652.0 million

Year - 2002

• Tele Communication - ` 9090.7 million
• Consultancy Services - ` 1003.0 million
• Financial and Non financial - ` 15431.4 million
• Hotel & Tourism - ` 2237.9 million
• Trading - ` 1824.2 million
• Total service sector - ` 29587.2 million
• Total FDI Inflows - ` 212860.0 million

Year - 2003

• Tele Communication - ` 7272.6 million
• Consultancy Services - ` 2480.3 million
• Financial and Non financial - ` 13904.0 million
• Hotel & Tourism - ` 2594.2 million
• Trading - ` 831.5 million
• Total service sector - ` 27082.6 million
• Total FDI Inflows - ` 143011.0 million

Year - 2004

• Tele Communication - ` 6087.84 million
• Consultancy Services - ` 11843.5 million
• Financial and Non financial - ` 11455.83 million
• Hotel & Tourism - ` 1527.23 million
• Trading - ` 682.16 million
• Total service sector - ` 31596.56 million
• Total FDI Inflows - ` 172657.5 million

Year - 2005

• Tele Communication - ` 9639.13 million
• Consultancy Services - ` 1627.16 million
• Financial and Non financial - ` 31445.14 million
• Hotel & Tourism - ` 2799.59 million
• Trading - ` 1257.67 million
• Total service sector - ` 46768.69 million
• Total FDI Inflows - ` 192990.9 million

Last Updated on 4/23/2011