Technical collaborations were allowed on financial criteria i.e. royalty or lump sum payment or a combination of both.
Foreign Investments By
Countries
Technical collaborations were
allowed on financial criteria i.e. royalty or lump sum payment or a combination
of both. These relaxations resulted in a larger inflow of foreign direct
investment and consequently, the number of approvals during the decade (1981 –
90) reached a record figure of 7,436 involving a total investment of Rs1, 274
crores.
Country-wise analysis of foreign
collaboration reveals that USA was at the top accounting for nearly Rs.322.7
crores of investment. This was one fourth of the total foreign collaboration
approvals. This was followed by Federal Republic of Germany (17.2%), Japan, UK,
Italy, France and Switzerland. Five countries USA, West Germany, Japan, UK and
Italy accounted for nearly 63% of total approved foreign investment. Even
Non-Resident Indians (NRIs) contributed about Rs.113 crores accounted for 8.9 %
of total investment.
Tags : Business Environment and Law-Foreign Capital And Collaboration
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