Infographic : Recent FDI Announcements in India by some Major Global Giants

By - CEM Team

With India FDIs reaching a remarkable figure of USD 51 billion for 2016, we have captured a snapshot of few major FDI announcements by some of the major giants across industries:

Ecommerce :
       °         E-commerce giant Amazon plans to set up its second largest global delivery centre outside the United States, in Hyderabad, which will be 2.9 million square feet in size and employ 13,500 people, compared to 1,000 Amazon employees across different offices currently.
       °         Amazon India expanded its logistics footprint three times to more than 2,100 cities and towns in 2015, as Amazon.com invested more than US$ 700 million in its India operations since July 2014.

Food and Beverage :
       °         Global beverage company Pepsi plans to invest Rs 500 crore (US$ 72.84 million) to set up another unit in Maharashtra to make mango, pomegranate and orange-based citrus juices, while biotechnology giant Monsanto plans to set up a seed plant in Buldhana district of Maharashtra.
       °         Kellogg Co, world's largest cereal maker, is making large investments in manufacturing and plans to set up its first Research and Development (R&D) facility in India at Taloja, near Mumbai.

Electronics :
       °         Apple will build its first technology development centre outside the US in Hyderabad with an investment of $25 million, likely employing about 4,500 people, as per a senior Telangana state government official.
       °         Chinese mobile handset maker, Coolpad Group Limited, has committed US$ 300 million for setting up a research and development (R&D) centre and its own assembly line in India by 2017
       °         The Government of Karnataka has signed an agreement with the Taiwan Electrical and Electronic Manufacturers Association for the purpose of creating a Taiwanese electronic manufacturing cluster near the Bengaluru airport, with an investment expectation of Rs 3,200 crore (US$ 469.5 million).
       °         Foxconn has signed a Memorandum of Understanding (MoU) with Maharashtra state government to invest US$ 5 billion over the next three years for setting up a manufacturing unit between Mumbai and Pune.
       °         Global giants such as Bombardier, Hyundai-ROTEM, TALGO and CAF have queued up to manufacture semi high-speed train sets in India, which will be used for faster inter-city travel.
 
Transportation :
       °         Japan has won the right to construct India’s first bullet train, while offering a loan of US$ 8.11 billion to India for the same.
       °         Indian Railways has issued a Letter of Award (LoA) to US-based General Electric (GE) for a Rs 14,656 crore (US$ 2.15 billion) diesel locomotive factory project at Marhowra, and to French transport major Alstom for Rs 20,000 crore (US$ 2.93 billion) electric locomotive project in Madhepura, Bihar.
       °         Warburg Pincus, a US based Private Equity (PE) firm, has planned to invest Rs 850 crore (US$ 124 million) in Ecom Express – an India based logistics solutions provider.

Steel :
       °         Posco Korea, the multinational Korean steel company, has signed an agreement with Shree Uttam Steel and Power (part of Uttam Galva Group) to set up a steel plant at Satarda in Maharashtra.

Electrical :
       °         Germany-based ThyssenKrupp group is aiming to double its revenue from India to US$ 1 billion in next three-four years while the group’s elevator unit, ThyssenKrupp Elevator, plans to invest EUR 44 million (US$ 50.5 million) to set up a manufacturing plant in Chakan, Pune.

Retail :
       °         Swedish home furnishing brand Ikea has made a long-term plan of opening 25 stores in India by making an investment worth Rs 12,500 crore (US$ 1.83 billion).

Technology:
       °         Google plans to invest Rs 1,500 crore (US$ 220 million) for a new campus in Hyderabad which will be focused on three key areas — Google Education, Google Fibre broadband services and Street view.

Source: IBEF