Industry Department Approves Rs 58 Billion FDI Commitments for FY 2082/83
Summary
The Department of Industry approved foreign investment commitments amounting to Rs 58 billion for fiscal year 2082/83, spanning sectors like manufacturing, energy, agriculture, tourism, and IT.
Key Points
- The Department of Industry approved foreign direct investment commitments totaling Rs 58 billion 1 crore 85 lakh 305 in fiscal year 2082/83.
- 897 projects worth Rs 9 billion 58 crore received FDI via the automatic route, and 219 projects worth Rs 48 billion 41 crore received FDI through the approved route.
- Rs 3 billion 91 crore FDI committed to 63 manufacturing projects, Rs 7 billion 16 crore to 4 energy projects, and Rs 23 billion 18 crore to 18 agricultural projects.
- Tourism attracted Rs 13 billion 99 crore FDI across 227 projects, while the IT sector saw Rs 2 billion 83 crore committed for 727 projects.
