For the Financial Year 2006-07, Manufacturing Sector registered a growth of 12.5%, up from 9.1% in 2005-06. This was the highest growth registered by the Manufacturing Sector since 1995-96.
Among the use-base economic sub-groups, Capital Goods have registered an impressive growth of 22.3% during April-June 2007-08.
The industries which have shown a noteworthy performance during April-June 2007-08 include 'Wood and Wood Products; Furniture and Fixtures' (104.7%), 'Jute and other Vegetable Fibre Textiles (except cotton)' (30.1%), 'Food Products' (27.1%), 'Basic Metal and Alloy Industries' (20.1%), 'Machinery and Equipment other than Transport Equipment' (19.2%) and 'Rubber, Plastic, Petroleum and Coal Products' (10.8%).
MAJOR SECTORS RECEIVING INFLOWS IN FY 2007-08(up to May 2007):
• Services, Telecom, Electrical Equipments, Real Estate and Transportation are the 5 major sectors receiving FDI inflows in 2007-08.
TOP INFLOWS IN FY 2007-08 (up to May 2007):
• M/s. Vodafone (Mauritius) (US$ 801 million) (telecom), M/s. Matsushita Electric Works, Japan, (US $ 342 million) (electrical products), M/s. GA Global Investments Ltd, (US$ 258 million) (National Stock Exchange), M/s. EMAAR Holdings, Mauritius (US$ 204 million) (Real estate construction), M/s. L B India Holdings Mauritius Ltd. (US$ 118 million) (Real Estate) are the top foreign investments received during the current financial year.
MUMBAIAND DELHI REGIONS LEAD IN FY 2007-08 (up to May 2007):
• Delhi Regional Office of RBI registered inflows of US$ 1.3 billion amounting to around 36% of the total inflows during the year.
Mumbai, Bangalore, Chennai, and Hyderabad are the other major regions, which have received FDI inflows. The five regions mentioned above constitute two-thirds of the total inflows received.
TOP COUNTRIES INVESTING IN FY 2007-08 (up to May 2007):
• The total inflows received from the top 5 investing countries during the first two months of the financial year are US$ 2.9 billion.
• Major investment (US$ 1.9 billion) during 2007-08 came from Mauritius. The other major countries investing are Japan, Cyprus, USA, and Singapore.
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