A look at India's domestic investments, trends, job creation as well as Foreign direct investment flows from India, sectors, countries etc

1. Industries & Strategies
A database of global industrial investment decisions
An overview of Indian data
2017

2. 18/01/18 2
In 2016 we started a global database on industrial investment (industry, energy, R&D and logistics
investment projects). It is much too early to study correlations of this data with international statistics, but
we strongly feel that our data will deliver many insights on the global economy.
Our data is in real time, and include the name of companies investing, with many details (from 20 to 40
fields for each operation : location, sector, product, capacity, customers, supliers…) We are including, for
each project, an industry 4.0 score (from 0 to 12) : the database will provide numerous samples of best
practices alongside six criteria – flexibility, digitalization, energy efficiency, social, environmental and
territorial efforts.
The following data are tables related to the Indian industry. It is not a full analysis of the Indian economy,
but an exercise aiming at knowing if our first 18 month of data already show structures in the global
industrial countries, among which India occupy first rank. We do try to capture every aspect of an
investment, but it has to be mentioned that the amount invested is known in 69% of the projects we track,
and number of jobs created only in 30% of the projects.
2
About these data

3. 18/01/18 3
As shown in the three following tables, from january 2016 to july 2017, India is the first country for
industrial investement on all three criteria we are using: number of projects (1 509 projects), amount
invested (448 billion dollars) and jobs created (645 773).
This result is to be taken with all due precautions: we think that maybe investments in China, specially
of medium size, are more difficult to track because of langage (we do not use Chinese yet in our
sources). On the other hand, it’s easier to work with English speaking country. There may be an
advantage to English speaking countries in our rankings.
We think however that the global overview provided by our data is at least plausible: by continents,
investments in Asia represents 44% of worldwide amounts invested, North America 15% and Europe
15%.
Also, this is the beginning of a new time serie. As much as the relative levels of the top countries, the
evolution in time of amounts invested, jobs created and number of projects, for each of these
countries, will be of interest. Also interesting will be the evolution, in each of these countries, of the
weight of the different sectors and products. Finally, the analysis of crossborder investments (Foreign
Direct Investments) adds another level of interest to these data.
3
India tops the industrial rankings
Following page : amount invested (in MUSD), jobs created and number of investment projects announced, by country.
January 2016-July 2017. Data Industries&Strategies

4. 4
Rank
Investment
(MUSD)
%
1 India 448 008 15,7%
2 United States 341 119 12,0%
3 China 334 125 11,7%
4 Australia 130 905 4,6%
5 United Kingdom 127 417 4,5%
6 Canada 114 662 4,0%
7 Russia 86 085 3,0%
8 Vietnam 81 653 2,9%
9 Saudi Arabia 78 078 2,7%
10 Indonesia 77 975 2,7%
11 Egypt 73 717 2,6%
12 Turkey 67 221 2,4%
13 South Korea 66 664 2,3%
14 Pakistan 65 908 2,3%
15 Norway 47 316 1,7%
16 Kazakhstan 39 123 1,4%
17 United Arab Emirates 38 801 1,4%
18 Iran 30 643 1,1%
19 Mozambique 30 292 1,1%
20 Malaysia 28 910 1,0%
21 Oman 28 186 1,0%
22 Azerbaijan 28 137 1,0%
23 Angola 27 281 1,0%
24 Brazil 25 754 0,9%
25 Mexico 22 221 0,8%
26 Finland 19 684 0,7%
27 Nigeria 19 004 0,7%
28 Ethiopia 18 971 0,7%
29 France 17 560 0,6%
30 Chile 16 464 0,6%
31 Taiwan 16 287 0,6%
32 Tanzania 16 249 0,6%
33 Philippines 15 691 0,6%
34 Japan 15 223 0,5%
35 Thailand 14 695 0,5%
36 Morocco 12 998 0,5%
37 Ghana 12 718 0,4%
38 Algeria 12 021 0,4%
39 Germany 11 788 0,4%
40 Belarus 11 306 0,4%
41 Bangladesh 10 343 0,4%
42 South Africa 10 119 0,4%
43 Guinea 8 505 0,3%
44 Kenya 8 273 0,3%
45 Laos 7 879 0,3%
46 Nepal 7 851 0,3%
47 Mongolia 7 300 0,3%
48 Singapore 6 506 0,2%
49 Ireland 5 857 0,2%
50 Spain 5 802 0,2%
Top 50 countries 2 749 295 96,6%
Other 87 countries 96 743 3,4%
Sum 2 846 038 100%
Rank Jobs %
1 India 645 773 43,3%
2 United States 167 216 11,2%
3 China 142 330 9,5%
4 Vietnam 68 560 4,6%
5 United Kingdom 42 047 2,8%
6 Ethiopia 32 962 2,2%
7 Mexico 28 640 1,9%
8 Algeria 25 680 1,7%
9 Nigeria 22 150 1,5%
10 Saudi Arabia 16 706 1,1%
11 Philippines 15 090 1,0%
12 Brazil 14 833 1,0%
13 Canada 14 740 1,0%
14 Poland 14 430 1,0%
15 Angola 13 762 0,9%
16 Russia 13 677 0,9%
17 Indonesia 12 490 0,8%
18 Morocco 11 980 0,8%
19 Germany 11 826 0,8%
20 France 9 744 0,7%
21 South Africa 9 400 0,6%
22 Iran 8 500 0,6%
23 Turkey 8 185 0,5%
24 Georgia 7 570 0,5%
25 Australia 7 525 0,5%
26 Malaysia 7 457 0,5%
27 Egypt 6 150 0,4%
28 Serbia 5 976 0,4%
29 Thailand 5 890 0,4%
30 Slovakia 5 855 0,4%
31 Bulgaria 5 766 0,4%
32 Hungary 5 409 0,4%
33 Czechia 4 050 0,3%
34 Bolivia 4 000 0,3%
35 Kenya 4 000 0,3%
36 Finland 3 860 0,3%
37 Romania 3 649 0,2%
38 Ireland 3 453 0,2%
39 Pakistan 3 150 0,2%
40 Ghana 3 101 0,2%
41 Niger 3 000 0,2%
42 Spain 2 984 0,2%
43 Italy 2 752 0,2%
44 Cambodia 2 460 0,2%
45 Norway 2 315 0,2%
46 Bangladesh 2 000 0,1%
47 Nepal 2 000 0,1%
48 Venezuela 2 000 0,1%
49 Taiwan 1 910 0,1%
50 Mozambique 1 640 0,1%
Top 50 countries 1 460 643 97,9%
Other 57 countries 31 207 2,1%
Sum 1 491 850 100%
Rank Projects %
1 India 1 509 27,5%
2 United States 871 15,9%
3 China 309 5,6%
4 United Kingdom 194 3,5%
5 Russia 115 2,1%
6 Australia 113 2,1%
7 Canada 109 2,0%
8 Vietnam 104 1,9%
9 France 101 1,8%
10 Germany 87 1,6%
11 Brazil 81 1,5%
12 Mexico 80 1,5%
13 Japan 70 1,3%
14 Indonesia 65 1,2%
15 Pakistan 65 1,2%
16 Philippines 61 1,1%
17 Thailand 58 1,1%
18 Egypt 56 1,0%
19 Malaysia 54 1,0%
20 United Arab Emirates 46 0,8%
21 South Africa 45 0,8%
22 Ireland 44 0,8%
23 Saudi Arabia 42 0,8%
24 South Korea 40 0,7%
25 Iran 38 0,7%
26 Morocco 36 0,7%
27 Nigeria 35 0,6%
28 Angola 34 0,6%
29 Bangladesh 31 0,6%
30 Singapore 31 0,6%
31 Poland 30 0,5%
32 Algeria 29 0,5%
33 Turkey 28 0,5%
34 Netherlands 26 0,5%
35 Spain 26 0,5%
36 Italy 25 0,5%
37 Nepal 25 0,5%
38 Oman 25 0,5%
39 Finland 24 0,4%
40 Kenya 24 0,4%
41 Myanmar 24 0,4%
42 Ghana 22 0,4%
43 Norway 22 0,4%
44 Ethiopia 20 0,4%
45 Sweden 20 0,4%
46 Denmark 19 0,3%
47 Romania 19 0,3%
48 Sri Lanka 18 0,3%
49 Zimbabwe 18 0,3%
50 Hungary 17 0,3%
Top 50 countries 4 985 90,8%
Other 57 countries 508 9,2%
Sum 5 493 100%

5. 6
Country Investment
(MUSD)
%
Australia 26 800 56,4%
Bangladesh 5 669 11,9%
Canada 4 757 10,0%
Slovakia 1 500 3,2%
Nepal 1 449 3,0%
Iran 1 077 2,3%
Zambia 828 1,7%
Georgia 666 1,4%
Ethiopia 622 1,3%
Hungary 530 1,1%
United Kingdom 525 1,1%
South Africa 388 0,8%
Egypt 363 0,8%
United States 338 0,7%
Afghanistan 300 0,6%
United Arab Emirates270 0,6%
Malaysia 250 0,5%
Brazil 202 0,4%
Oman 190 0,4%
Kenya 160 0,3%
Zimbabwe 158 0,3%
Tanzania 150 0,3%
Sri Lanka 113 0,2%
Ghana 87 0,2%
Vietnam 50 0,1%
Gabon 15 0,03%
Netherlands 15 0,03%
Thailand 15 0,03%
China 13 0,03%
Mexico 10 0,02%
Guatemala 3 0,01%
Sum 47 513 100%
Country Jobs %
Ethiopia 6 000 29,7%
Australia 4 009 19,9%
Slovakia 2 800 13,9%
United States 1 395 6,9%
United Kingdom 1 110 5,5%
Hungary 975 4,8%
Canada 650 3,2%
Kenya 600 3,0%
Russia 590 2,9%
Ghana 401 2,0%
Brazil 400 2,0%
Malaysia 400 2,0%
Zimbabwe 400 2,0%
South Africa 180 0,9%
Netherlands 100 0,5%
Croatia 90 0,4%
Ireland 50 0,2%
Bahrain 30 0,1%
Taiwan 10 0,05%
Sum 20 190 100%
Country Projects %
United States 13 11,5%
Bangladesh 7 6,2%
United Arab Emirates 7 6,2%
United Kingdom 7 6,2%
Nepal 5 4,4%
Australia 5 4,4%
Canada 5 4,4%
Iran 5 4,4%
South Africa 4 3,5%
Ethiopia 4 3,5%
Sri Lanka 3 2,7%
Georgia 3 2,7%
China 3 2,7%
Russia 2 1,8%
Malaysia 2 1,8%
Hungary 2 1,8%
Ireland 2 1,8%
Egypt 2 1,8%
Germany 2 1,8%
Ghana 2 1,8%
Brazil 2 1,8%
Tanzania 2 1,8%
Kenya 2 1,8%
Zimbabwe 2 1,8%
Gabon 1 0,9%
Taiwan 1 0,9%
Kazakhstan 1 0,9%
Mexico 1 0,9%
Thailand 1 0,9%
Guatemala 1 0,9%
Cameroon 1 0,9%
Netherlands 1 0,9%
Switzerland 1 0,9%
Oman 1 0,9%
Croatia 1 0,9%
Vietnam 1 0,9%
Bahrain 1 0,9%
Saudi Arabia 1 0,9%
Slovakia 1 0,9%
Israel 1 0,9%
Zambia 1 0,9%
Italy 1 0,9%
Afghanistan 1 0,9%
Japan 1 0,9%
Sum 113 100%

6. 7
Mother Company Projects % Jobs % MUSD %
Tata Group 13 11,5% 4 810 23,8% 2 825 5,9%
Adani Group 4 3,5% 9 0,0% 16 800 35,4%
Hinduja Group 4 3,5% - 0,0% 20 0,0%
Tata Group / Norsk Mineral 3 2,7% - 0,0% 666 1,4%
Aurobindo Pharma 3 2,7% 775 3,8% 32 0,1%
Reliance Anil Dhirubhai Ambani Group 2 1,8% - 0,0% 3 000 6,3%
SV Pittie Group 2 1,8% 3 250 16,1% 620 1,3%
Government of India 2 1,8% - 0,0% 385 0,8%
WAPCOS 1 - 300
India Ports Global 1 - 85
Tata Group / Exxaro Resources 2 1,8% - 0,0% 291 0,6%
OP Jindal Group 2 1,8% - 0,0% 190 0,4%
BC Jindal Group 2 1,8% 240 1,2% 180 0,4%
Lake Cement 2 1,8% - 0,0% 150 0,3%
VA Tech Wabag 2 1,8% - 0,0% 129 0,3%
Cipla 2 1,8% 180 0,9% 108 0,2%
OP Munjal Group 2 1,8% - 0,0% 52 0,1%
Infosys 2 1,8% 180 0,9% - 0,0%
GVK Group 1 0,9% 4 000 19,8% 10 000 21,0%
Hiranandani Group 1 0,9% - 0,0% 3 300 6,9%
NTPC / Bangladesh Power Development Board1 0,9% - 0,0% 1 600 3,4%
SJVN 1 0,9% - 0,0% 1 400 2,9%
Rashtriya Chemicals & Fertilisers 1 0,9% - 0,0% 974 2,0%
Petronet LNG 1 0,9% - 0,0% 950 2,0%
Nava Bharat Ventures 1 0,9% - 0,0% 828 1,7%
Gujarat State Fertilizers and Chemicals (GSFC) 1 0,9% 90 0,4% 700 1,5%
Apollo Group 1 0,9% 975 4,8% 530 1,1%
Sanmar Group 1 0,9% - 0,0% 350 0,7%
Biocon 1 0,9% 400 2,0% 250 0,5%
Essel Group 1 0,9% - 0,0% 200 0,4%
Ravi Sanghi Group 1 0,9% 600 3,0% 150 0,3%
Shilpi Group 1 0,9% - 0,0% 150 0,3%
Top 30 63 55,8% 15 509 76,8% 46 830 98,6%
50 others 50 44,2% 4 681 23,2% 683 1,4%
Sum 113 100% 20 190 100% 47 513 100%
List of Indian companies having announced investments abroad, january 2016-july 2017. Number
of projects, jobs created and amounts invested in MUSD. Eg: Cipla group announced two projects, for
1,8% of investment projects abroad by Indian companies ; those investments should create 180 jobs, for 0,9% of all
jobs created ; the amount invested is 108 MUSD, 0,2% of the overall amount invested by Indian companies.

7. 18/01/18 8
This table show the share of investment from indian
companies in different countries. It shows that the
United States are the first destination fo choice, un
number of projects, for Indian companies, but that those
projects represent only 1,5% of the industrial projects in
the United States. On the other hand, there are only
seven Indian investments in Bangladesh but they
represent 22,6% of Bangladeshi industrial investments
during this period.
In Australia, the Indian investments are very capital-
intensive. The detailed list of investment show that two
of the five Indian investments in Australia during this
period are for coal mines (GVK Power and Adani
Mining).
8
India’s share for…
Projects % Jobs % MUSD %
United States 13 1,5% 1 395 0,8% 338 0,1%
Bangladesh 7 22,6% - 0,0% 5 669 54,8%
United Arab Emirates 7 15,2% - 0,0% 270 0,7%
United Kingdom 7 3,6% 1 110 2,6% 525 0,4%
Australia 5 4,4% 4 009 53,3% 26 800 20,5%
Canada 5 4,6% 650 4,4% 4 757 4,1%
Iran 5 13,2% - 0,0% 1 077 3,5%
Nepal 5 20,0% - 0,0% 1 449 18,5%
Ethiopia 4 20,0% 6 000 18,2% 622 3,3%
South Africa 4 8,9% 180 1,9% 388 3,8%
China 3 1,0% - 0,0% 13 0,0%
Georgia 3 21,4% - 0,0% 666 16,8%
Sri Lanka 3 16,7% - 0,0% 113 17,7%
Brazil 2 2,5% 400 2,7% 202 0,8%
Egypt 2 3,6% - 0,0% 363 0,5%
Germany 2 2,3% - 0,0% - 0,0%
Ghana 2 9,1% 401 12,9% 87 0,7%
Hungary 2 11,8% 975 18,0% 530 15,6%
Ireland 2 4,5% 50 1,4% - 0,0%
Kenya 2 8,3% 600 15,0% 160 1,9%
Malaysia 2 3,7% 400 5,4% 250 0,9%
Russia 2 1,7% 590 4,3% - 0,0%
Tanzania 2 22,2% - 0,0% 150 0,9%
Zimbabwe 2 11,1% 400 34,6% 158 16,3%
Afghanistan 1 50,0% - 0,0% 300 98,4%
Bahrain 1 14,3% 30 4,0% - 0,0%
Cameroon 1 20,0% - 0,0% - 0,0%
Croatia 1 33,3% 90 47,4% - 0,0%
Gabon 1 50,0% - 0,0% 15 31,3%
Guatemala 1 50,0% - 3 100,0%
Israel 1 8,3% - 0,0% - 0,0%
Italy 1 4,0% - 0,0% - 0,0%
Japan 1 1,4% - 0,0% - 0,0%
Kazakhstan 1 6,3% - 0,0% - 0,0%
Mexico 1 1,3% - 0,0% 10 0,0%
Netherlands 1 3,8% 100 9,5% 15 0,6%
Oman 1 4,0% - 0,0% 190 0,7%
Saudi Arabia 1 2,4% - 0,0% - 0,0%
Slovakia 1 7,7% 2 800 47,8% 1 500 76,4%
Switzerland 1 20,0% - 0,0% - 0,0%
Taiwan 1 5,9% 10 0,5% - 0,0%
Thailand 1 1,7% - 0,0% 15 0,1%
Vietnam 1 1,0% - 0,0% 50 0,1%
Zambia 1 10,0% - 0,0% 828 60,7%
Sum 113 3,9% 20 190 3,1% 47 513 2,7%
Share of Indian investment in industrial investment, by
country, january 2016-july 2017. Number of projects,
jobs created and amounts invested in MUSD.
Eg: In Zimbabwe, there have been two investment projects by
Indian companies, representing 11% of industrial projects in
Zimbabwe ; with 400 jobs created (34,6% of jobs created by
industrial investment in Zimbabwe) and 158 MUSD invested
(16,3% of amounts invested in Zimbabwe).

8. 18/01/18 9
This table shows the distribution of industrial investment by
sectors in India and China. The main differences in structure are
that India is much more invested in energy production and
metallurgy, and much less invested in electronics and slightly less in
chemicals and automotive.
Further analysis on the companies investing in the electronics
sector in China could be useful for FDI promotion purposes
(selecting targets, identifying most important products – see slide
17).
Pharmaceutical industries seem lower than expected for India. It
could mean the sector is slowing in the last 18 months. Our data
do not measure the stock of capital, only variations.
Information services captures only, in our data, R&D activities in
this sector. We do not track services yet, only R&D activities in
servioce sectors. It does explain the very low share of computer
programming and information services in this table.
9
Industrial investment in India and
China, a comparison
China % India % Diff.
Electricity, gas and steam 42 175 12,6% 143 371 32,0% 19,4%
Oil/gas refining and coke 36 200 10,8% 78 802 17,6% 6,8%
Basic metals 5 744 1,7% 68 715 15,3% 13,6%
Chemicals 44 205 13,2% 35 184 7,9% -5,4%
Electronics 159 353 47,7% 27 423 6,1% -41,6%
Oil/gas mining 0,0% 21 584 4,8% 4,8%
Warehousing and support activities for transportation100 0,0% 20 606 4,6% 4,6%
Non-metallic minerals - 0,0% 8 780 2,0% 2,0%
Automotive 22 485 6,7% 8 355 1,9% -4,9%
Support mining 19 0,0% 4 724 1,1% 1,0%
Food 616 0,2% 3 866 0,9% 0,7%
Metal ore mining 0,0% 3 851 0,9% 0,9%
Plastic and rubber 3 466 1,0% 2 949 0,7% -0,4%
Pharmaceutical 2 687 0,8% 2 802 0,6% -0,2%
Beverage 276 0,1% 2 746 0,6% 0,5%
Coal mining 0,0% 1 964 0,4% 0,4%
Textile 752 0,2% 1 871 0,4% 0,2%
Motorcycles 0,0% 1 375 0,3% 0,3%
Trains 0,0% 1 107 0,2% 0,2%
Electrical equipment 5 864 1,8% 1 009 0,2% -1,5%
Airplanes 450 0,1% 960 0,2% 0,1%
Leather - 0,0% 688 0,2% 0,2%
Information services 300 0,1% 658 0,1% 0,1%
Machinery 1 856 0,6% 656 0,1% -0,4%
Fabricated metals 0,0% 611 0,1% 0,1%
Paper and cardboard 342 0,1% 530 0,1% 0,0%
Water supply 247 0,1% 424 0,1% 0,0%
Ships 451 0,1% 278 0,1% -0,1%
Apparel 75 0,0% 275 0,1% 0,0%
Wood - 0,0% 250 0,1% 0,1%
Computer programming - 0,0% 248 0,1% 0,1%
Scientific research and development- 0,0% 238 0,1% 0,1%
Waste and materials recovery 833 0,2% 189 0,0% -0,2%
Sewerage 154 0,0% 183 0,0% 0,0%
Other industries - 0,0% 178 0,0% 0,0%
Repair 4 0,0% 148 0,0% 0,0%
Public administration 0,0% 120 0,0% 0,0%
Specialized vehicules 0,0% 78 0,0% 0,0%
Military vehicles 0,0% 60 0,0% 0,0%
Other mining 0,0% 54 0,0% 0,0%
Telecommunications 0,0% 38 0,0% 0,0%
Land transport 0,0% 31 0,0% 0,0%
Postal and courier activities 0,0% 13 0,0% 0,0%
Wholesale trade 0,0% 10 0,0% 0,0%
Agriculture 1 058 0,3% 3 0,0% -0,3%
Furniture 0,0% 3 0,0% 0,0%
Business support 0,0% - 0,0% 0,0%
Engineering 0,0% - 0,0% 0,0%
Forestry 4 413 1,3% 0,0% -1,3%
Management consultancy 0,0% - 0,0% 0,0%
Retail trade 0,0% - 0,0% 0,0%
Sum 334 125 100% 448 008 100% 0%
Comparison of investment in India and China, by sector.
Eg: The pharmaceutical sector, with 2687 MUSD of investment in China
represents 0,8% of Chinese industrial investment. In India, this sector
received 2802 MUSD of investment, which is 0,6% of industrial
investment in India. So the sector is 0,2% smaller (column 6, Diff.) in India
than in China.

9. 18/01/18 10
The following page shows, for some countries, the share of foreign investment in domestic industrial
investment, and the share of industrial investment outward by domestic companies.
India, Russia, Saudi Arabia, Pakistan, China but also the United States, have similar profiles: the share
of domestic investment in the country industrial investment is high, ranging from 70% (United States)
to 92% (Saudi Arabia) ; in the same time, the share of investment abroad by domestic companies is
less than 50%, ranging from 10% for India to 40% for the United States.
Countries like France or Japan have low shares of foreign investment in the domestic industry and
high shares of outward investment by domestic companies.
10
Inward and outward FDI,
different profiles

10. 11

11. 18/01/18 1212
Industrial investment within
India, regions
Industrial investments in India, january 2016-july 2017.
This map is excerpted from the Industries &Strategies database.

12. 18/01/18 13
The first five Indian regions represent
more than 50% of jobs, number of
projects and amounts invested.
A detailed analysis by sector for the state
of Maharashtra (not included) show that
the important share of industrial
investment in India shown in this State
(21,8%, column 6, line 2) comes from two
sectors: refining of petroleum (five
projects) and a nuclear plant project.
13
Investment by region
Region Project % Jobs % MUSD %
Gujarat 184 12,2% 30 026 4,6% 46 641 10,4%
Maharashtra 182 12,1% 124 536 19,3% 97 733 21,8%
Andhra Pradesh 159 10,5% 82 000 12,7% 63 868 14,3%
Odisha 142 9,4% 91 138 14,1% 66 366 14,8%
Tamil Nadu 122 8,1% 43 050 6,7% 28 494 6,4%
Karnataka 120 8,0% 41 521 6,4% 18 886 4,2%
Telangana 84 5,6% 47 900 7,4% 11 228 2,5%
Uttar Pradesh 66 4,4% 105 676 16,4% 12 874 2,9%
Rajasthan 63 4,2% 11 490 1,8% 11 390 2,5%
West Bengal 61 4,0% 13 756 2,1% 8 054 1,8%
Haryana 48 3,2% 35 065 5,4% 6 962 1,6%
Madhya Pradesh 41 2,7% 9 550 1,5% 11 746 2,6%
Assam 36 2,4% 1 647 0,3% 7 252 1,6%
Chhattisgarh 30 2,0% 840 0,1% 11 307 2,5%
Jharkhand 30 2,0% 566 0,1% 14 101 3,1%
Punjab 30 2,0% 1 350 0,2% 5 007 1,1%
Kashmir 15 1,0% - 0,0% 7 290 1,6%
Kerala 14 0,9% 4 400 0,7% 4 164 0,9%
Bihar 13 0,9% 882 0,1% 4 335 1,0%
Goa 11 0,7% 80 0,0% 474 0,1%
Arunachal Pradesh 10 0,7% - 0,0% 1 091 0,2%
Himachal Pradesh 10 0,7% - 0,0% 2 185 0,5%
Uttarakhand 10 0,7% - 0,0% 2 530 0,6%
NCT 9 0,6% 300 0,0% 49 0,0%
Sikkim 5 0,3% - 0,0% 1 531 0,3%
Meghalaya 4 0,3% - 0,0% 1 418 0,3%
Pondicherry 3 0,2% - 0,0% 53 0,0%
Andaman and Nicobar 2 0,1% - 0,0% 55 0,0%
Tripura 2 0,1% - 0,0% 95 0,0%
Dadra and Nagar Haveli 1 0,1% - 0,0% - 0,0%
Daman and Diu 1 0,1% - 0,0% 814 0,2%
Laccadives 1 0,1% - 0,0% 15 0,0%
Sum 1 509 100% 645 773 100% 448 008 100%
Investment by region in India, in
number of projects, jobs and amount
invested (MUSD)
Eg: in Punjab state, 30 projects were
announced, (2% of projects in India) ; those
projects should create 1350 jobs (0,2% of
jobs in India) ; for an amount of 5007 MUSD
(1,1% of amounts invested in India).

13. 18/01/18 1414
Industrial investments in India - Sectors
Activity Projects % Jobs % MUSD %
Manufacturing 950 63,0% 542 113 83,9% 241 397 53,9%
Power generation and/or distribution 209 13,9% 17 533 2,7% 142 937 31,9%
Logistic platform 127 8,4% 15 314 2,4% 23 845 5,3%
Mining and quarrying 110 7,3% 6 420 1,0% 35 396 7,9%
R&D 64 4,2% 63 645 9,9% 2 769 0,6%
Waste treatment plant 26 1,7% 247 0,0% 683 0,2%
Data center 10 0,7% 500 0,1% 359 0,1%
Water treatment plant 10 0,7% 1 0,0% 602 0,1%
Agriculture, forestry and fishing 3 0,2% - 0,0% 20 0,0%
Sum 1 509 100% 645 773 100% 448 008 100%
The three tables on the following page show the repartition of industrial investment in India by
sector, using ISIC sectors1, at the division level.
The first sector by amount invested is electricity, gas and steam production, with 32% of amounts
invested. In jobs, the electronics sector comes first, with 46% of jobs created2.
The table hereunder shows, at a more aggregated level, the importance of power
generation/distribution projects in terms of amount invested: with 2,7% of jobs and 13,9% of
projects, they represent almost one third of the amounts invested.
1. International Standard Industrial Classification of All Economic Activities, Rev.4. See: https://unstats.un.org/unsd/cr/registry/regcst.asp?Cl=27
2. It must be said that amounts invested are known for 69% of projects, and jobs created for 30% of projects.
Investment by activity in India, in
number of projects, jobs and amount
invested (MUSD)
Eg: There are 127 logistics projects (8,4% of
projects in India) ; those projects should
create 6420 jobs (1% of jobs in India) ; for an
amount of 23 845 MUSD (5,3% of amounts
invested in India).

14. 15
Sector Investment (MUSD) %
Electricity, gas and steam 143 371 32,0%
Oil/gas refining and coke 78 802 17,6%
Basic metals 68 715 15,3%
Chemicals 35 184 7,9%
Electronic 27 423 6,1%
Oil/gas mining 21 584 4,8%
Warehousing and support activities
for transportation
20 606 4,6%
Non-metallic minerals 8 780 2,0%
Automotive 8 355 1,9%
Support mining 4 724 1,1%
Food 3 866 0,9%
Metal ore mining 3 851 0,9%
Plastic and rubber 2 949 0,7%
Pharmaceutical 2 802 0,6%
Beverage 2 746 0,6%
Coal mining 1 964 0,4%
Textile 1 871 0,4%
Motorcycles 1 375 0,3%
Trains 1 107 0,2%
Electrical equipment 1 009 0,2%
Airplanes 960 0,2%
Leather 688 0,2%
Information services 658 0,1%
Machinery 656 0,1%
Fabricated metals 611 0,1%
Paper and cardboard 530 0,1%
Water supply 424 0,1%
Ships 278 0,1%
Apparel 275 0,1%
Wood 250 0,1%
Computer programming 248 0,1%
Scientific research and development 238 0,1%
Waste and materials recovery 189 0,0%
Sewerage 183 0,0%
Other industries 178 0,0%
Repair 148 0,0%
Public administration 120 0,0%
Specialized vehicules 78 0,0%
Military vehicles 60 0,0%
Other mining 54 0,0%
Telecommunications 38 0,0%
Land transport 31 0,0%
Postal and courier activities 13 0,0%
Wholesale trade 10 0,0%
Furniture 3 0,0%
Agriculture 3 0,0%
Retail trade - 0,0%
Engineering - 0,0%
Business support - 0,0%
Management consultancy - 0,0%
Sum 448 008 100%
Sector Jobs %
Electronic 296 500 45,9%
Basic metals 97 962 15,2%
Textile 19 250 3,0%
Chemicals 18 829 2,9%
Computer programming 18 500 2,9%
Electricity, gas and steam 17 503 2,7%
Pharmaceutical 16 577 2,6%
Plastic and rubber 15 540 2,4%
Information services 15 500 2,4%
Food 14 930 2,3%
Warehousing and support activities
for transportation
13 960 2,2%
Retail trade 13 500 2,1%
Motorcycles 12 595 2,0%
Beverage 11 855 1,8%
Automotive 9 200 1,4%
Non-metallic minerals 8 540 1,3%
Apparel 6 000 0,9%
Trains 5 100 0,8%
Leather 5 000 0,8%
Electrical equipment 4 970 0,8%
Military vehicles 4 000 0,6%
Fabricated metals 2 710 0,4%
Paper and cardboard 2 707 0,4%
Coal mining 2 540 0,4%
Machinery 2 230 0,3%
Telecommunications 2 000 0,3%
Airplanes 1 800 0,3%
Oil/gas mining 1 500 0,2%
Wood 1 130 0,2%
Metal ore mining 900 0,1%
Support mining 500 0,1%
Other industries 300 0,0%
Ships 300 0,0%
Scientific research and development 290 0,0%
Oil/gas refining and coke 262 0,0%
Waste and materials recovery 247 0,0%
Engineering 230 0,0%
Business support 200 0,0%
Other mining 90 0,0%
Management consultancy 25 0,0%
Water supply 1 0,0%
Sewerage - 0,0%
Furniture - 0,0%
Repair - 0,0%
Public administration - 0,0%
Specialized vehicules - 0,0%
Wholesale trade - 0,0%
Agriculture - 0,0%
Land transport - 0,0%
Postal and courier activities - 0,0%
Sum 645 773 100%
Sector Projects %
Electricity, gas and steam 195 12,9%
Chemicals 153 10,1%
Food 148 9,8%
Basic metals 106 7,0%
Non-metallic minerals 88 5,8%
Warehousing and support activities
for transportation
84 5,6%
Pharmaceutical 79 5,2%
Electronic 73 4,8%
Automotive 54 3,6%
Oil/gas refining and coke 51 3,4%
Electrical equipment 46 3,0%
Plastic and rubber 43 2,8%
Beverage 42 2,8%
Machinery 30 2,0%
Oil/gas mining 28 1,9%
Metal ore mining 27 1,8%
Coal mining 24 1,6%
Fabricated metals 22 1,5%
Textile 19 1,3%
Paper and cardboard 17 1,1%
Waste and materials recovery 17 1,1%
Airplanes 16 1,1%
Retail trade 15 1,0%
Motorcycles 14 0,9%
Apparel 13 0,9%
Information services 11 0,7%
Support mining 10 0,7%
Trains 10 0,7%
Wood 10 0,7%
Other industries 9 0,6%
Computer programming 6 0,4%
Water supply 6 0,4%
Other mining 5 0,3%
Scientific research and development 5 0,3%
Sewerage 5 0,3%
Furniture 4 0,3%
Repair 4 0,3%
Leather 3 0,2%
Public administration 3 0,2%
Engineering 2 0,1%
Specialized vehicules 2 0,1%
Wholesale trade 2 0,1%
Agriculture 1 0,1%
Business support 1 0,1%
Land transport 1 0,1%
Management consultancy 1 0,1%
Military vehicles 1 0,1%
Postal and courier activities 1 0,1%
Ships 1 0,1%
Telecommunications 1 0,1%
Sum 1 509 100%

15. 18/01/18 16
Since we use different sector levels, we can
analyse any sector with a certain amount of
details. For instance, the table on the right of this
page detail the 3 sectors tied to energy questions,
using a table of « products » and « detailed products »
we have created.
It is very easy, using those fields, to select
instantly 56 solar power projects and to calculate
that they stand for 2,4% of amounts invested in
those energy linked sectors.
16
Energy in India
Investment (USD) % Jobs % Projects %
Electricity, gas and steam 143 371 58,8% 17 503 90,9% 195 71,2%
Renewable energy power plant 22 778 9,3% 1 657 8,6% 112 40,9%
Solar power 5 838 2,4% 1 400 7,3% 56 20,4%
Hydroelectricity 15 514 6,4% - 0,0% 34 12,4%
Wind power 1 099 0,5% - 0,0% 17 6,2%
Biomass Electricity 234 0,1% 50 0,3% 2 0,7%
Solar-biomass power 23 0,0% 172 0,9% 1 0,4%
Heat recovery electricity 55 0,0% 35 0,2% 1 0,4%
Ocean thermal energy conversion 15 0,0% - 0,0% 1 0,4%
Fossil-fuel power plant 64 895 26,6% 15 820 82,1% 58 21,2%
Coal power 64 090 26,3% 15 820 82,1% 54 19,7%
Lignite power 572 0,2% - 0,0% 3 1,1%
Gas-fired combined cycle power 233 0,1% - 0,0% 1 0,4%
Nuclear power plant 45 237 18,6% - 0,0% 8 2,9%
Port terminal 1 096 0,4% - 0,0% 5 1,8%
Terminal for LNG carriers 784 0,3% - 0,0% 2 0,7%
Liquefied Petroleum Gas terminal 237 0,1% - 0,0% 2 0,7%
Dry bulk terminal 75 0,0% - 0,0% 1 0,4%
Manufacture of syngas 8 028 3,3% - 0,0% 4 1,5%
Coal gasification 5 047 2,1% - 0,0% 2 0,7%
Petroleum coke gasification 2 981 1,2% - 0,0% 2 0,7%
Coal 1 284 0,5% - 0,0% 4 1,5%
Energy storage - 0,0% - 0,0% 1 0,4%
Lithium-ion battery electricity - 0,0% - 0,0% 1 0,4%
Gas supply 21 0,0% - 0,0% 1 0,4%
Bottling of liquefied petroleum gas 21 0,0% - 0,0% 1 0,4%
Manufacture of producer gas 10 0,0% 26 0,1% 1 0,4%
Producer gas from coal 10 0,0% 26 0,1% 1 0,4%
Waste-to-energy 22 0,0% - 0,0% 1 0,4%
Oil/gas refining and coke 78 802 32,3% 262 1,4% 51 18,6%
Refined petroleum product 76 681 31,5% 25 0,1% 33 12,0%
(vide) 59 272 24,3% - 0,0% 15 5,5%
Fuel 15 181 6,2% - 0,0% 8 2,9%
Motor fuel 2 200 0,9% - 0,0% 7 2,6%
Lubricant 22 0,0% 25 0,1% 2 0,7%
Petrol 6 0,0% - 0,0% 1 0,4%
Warehousing and storage 381 0,2% 166 0,9% 8 2,9%
Warehousing for refined petroleum product 239 0,1% 166 0,9% 6 2,2%
Warehousing for white oil 120 0,0% - 0,0% 1 0,4%
Warehousing for liquefied petroleum gas 22 0,0% - 0,0% 1 0,4%
Gas supply 379 0,2% - 0,0% 6 2,2%
Bottling of liquefied petroleum gas 379 0,2% - 0,0% 6 2,2%
Regasification of LNG 774 0,3% - 0,0% 1 0,4%
Primary plastic 473 0,2% - 0,0% 1 0,4%
Polyethylene - Polypropylene 473 0,2% - 0,0% 1 0,4%
Coke 60 0,0% 71 0,4% 1 0,4%
Material recovery 54 0,0% - 0,0% 1 0,4%
Bioethanol recovery 54 0,0% - 0,0% 1 0,4%
Oil/gas mining 21 584 8,9% 1 500 7,8% 28 10,2%
Natural gas 16 392 6,7% - 0,0% 15 5,5%
(vide) 15 339 6,3% - 0,0% 10 3,6%
Coal bed methane gas 1 053 0,4% - 0,0% 5 1,8%
Crude Oil 5 097 2,1% - 0,0% 9 3,3%
Unconventional oil 95 0,0% - 0,0% 3 1,1%
Shale oil 95 0,0% - 0,0% 3 1,1%
Design & Innovation - 0,0% 1 500 7,8% 1 0,4%
R&D for Oil/gas mining - 0,0% 1 500 7,8% 1 0,4%
Total 243 757 100% 19 265 100% 274 100%
Three sectors linked to energy in India, in
number of projects, jobs and amount invested
(MUSD), with details at product level

16. 18/01/18 17
The same analysis precedently made for energy
can be made for electronics. Such analysis could be
used to compare the structure of the electronics
sector in India with China, or other countries.
17
Electronics, detail
The electronics sectors in India, in number of projects, jobs and amount
invested (MUSD), with details at product level
MUSD % Jobs % Projects %
Electronics Cell phone 6 745 24,6% 223 800 75,5% 31 42,5%
Solar panel 5 078 18,5% 16 000 5,4% 15 20,5%
Basic component for electronics 4 660 17,0% 3 000 1,0% 6 8,2%
Design & Innovation 54 0,2% 1 200 0,4% 5 6,8%
Display component 10 105 36,8% 31 000 10,5% 2 2,7%
Computer 15 0,1% 500 0,2% 2 2,7%
ATM 60 0,2% 1 000 0,3% 2 2,7%
Electromedical equipment 85 0,3% - 0,0% 2 2,7%
Electronic instrument for measuring 4 0,0% - 0,0% 2 2,7%
Television 22 0,1% - 0,0% 2 2,7%
Audio and video equipment - - 1
Data communications equipment - - 1
Electronic testing equipment 595 2,2% 20 000 6,7% 1 1,4%
Instrument for laboratory - - 1
Total Electronics 27 423 100% 296 500 100% 73 100%

17. 18/01/18 1818
Industrial investment in India, by country of origin
The following three tables shows that foreign companies1 accounts for 12% of amounts invested for
industrial investments in India ; 22% of projects and 48% of jobs created. Further analysis could show that
domestic (Indian) companies invest more in energy sectors (more capital-intensive but with less
employment) and less in electronics sector (consistent with second place for China in jobs created, with
projects by Oppo or Gionee).
1. Some projects are joint-ventures (20% for the whole database). Percentages could be precised to include this aspect.
Screen copy of the database, when Chinese investment in India are used as search criteria.

18. 19
Investment
(MUSD)
% % (except
domestic)
Projects % % (except
domestic)
Jobs % % (except
domestic)
India 395 269 88,2% / India 1 183 78,4% / India 336 873 52,2% /
United Kingdom 13 640 3,0% 25,9% United States 67 4,4% 20,6% China 95 000 14,7% 30,8%
Singapore 6 414 1,4% 12,2% Japan 47 3,1% 14,4% Taiwan 68 000 10,5% 22,0%
United States 6 347 1,4% 12,0% Germany 29 1,9% 8,9% United States 59 293 9,2% 19,2%
Taiwan 6 114 1,4% 11,6% United Kingdom 27 1,8% 8,3% United Kingdom 31 632 4,9% 10,2%
China 5 938 1,3% 11,3% China 21 1,4% 6,4% Thailand 20 000 3,1% 6,5%
Japan 5 064 1,1% 9,6% France 16 1,1% 4,9% Japan 17 020 2,6% 5,5%
South Korea 2 872 0,6% 5,4% Singapore 14 0,9% 4,3% Germany 3 190 0,5% 1,0%
Switzerland 722 0,2% 1,4% Netherlands 12 0,8% 3,7% Singapore 2 400 0,4% 0,8%
France 643 0,1% 1,2% Taiwan 10 0,7% 3,1% South Korea 2 200 0,3% 0,7%
Thailand 613 0,1% 1,2% Switzerland 10 0,7% 3,1% Ireland 2 000 0,3% 0,6%
Netherlands 558 0,1% 1,1% Denmark 9 0,6% 2,8% Spain 1 660 0,3% 0,5%
Germany 554 0,1% 1,1% Spain 8 0,5% 2,5% Netherlands 1 615 0,3% 0,5%
Malaysia 511 0,1% 1,0% Sweden 6 0,4% 1,8% Brazil 1 000 0,2% 0,3%
Ukraine 450 0,1% 0,9% South Korea 5 0,3% 1,5% Canada 1 000 0,2% 0,3%
Denmark 419 0,1% 0,8% Finland 5 0,3% 1,5% Denmark 780 0,1% 0,3%
Italy 291 0,1% 0,6% Thailand 4 0,3% 1,2% Malaysia 500 0,1% 0,2%
Morocco 230 0,1% 0,4% Italy 3 0,2% 0,9% France 400 0,1% 0,1%
Spain 223 0,05% 0,4% Belgium 3 0,2% 0,9% Nepal 400 0,1% 0,1%
Brazil 196 0,04% 0,4% Russia 3 0,2% 0,9% Bahrain 350 0,1% 0,1%
Sweden 188 0,04% 0,4% Ireland 3 0,2% 0,9% Belgium 325 0,1% 0,1%
Finland 152 0,03% 0,3% Australia 3 0,2% 0,9% Switzerland 100 0,0% 0,0%
United Arab Emirates 149 0,03% 0,3% Malaysia 2 0,1% 0,6% Sweden 35 0,0% 0,0%
Mauritius 130 0,03% 0,2% Brazil 2 0,1% 0,6% Foreign companies 308 900 48% 100%
Belgium 95 0,02% 0,2% United Arab Emirates 2 0,1% 0,6% Sum 645 773 100% 100%
Russia 62 0,01% 0,1% Canada 2 0,1% 0,6%
Bahrain 53 0,01% 0,1% Nepal 2 0,1% 0,6%
Canada 37 0,01% 0,1% Israel 2 0,1% 0,6%
Ireland 37 0,01% 0,1% Ukraine 1 0,1% 0,3%
Austria 19 0,004% 0,04% Morocco 1 0,1% 0,3%
Australia 10 0,002% 0,02% Mauritius 1 0,1% 0,3%
Nepal 5 0,001% 0,01% Bahrain 1 0,1% 0,3%
Sri Lanka 3 0,001% 0,01% Austria 1 0,1% 0,3%
Foreign companies 52 739 12% 100% Sri Lanka 1 0,1% 0,3%
Sum 448 008 100% 100% Norway 1 0,1% 0,3%
Kenya 1 0,1% 0,3%
Kuwait 1 0,1% 0,3%
Foreign companies 156 22% 100%
Sum 1 509 100% 100%
Industrial investment in India, january 2016 - july 2017, in number of projects, jobs and amount
invested (MUSD), by country of origin. Eg: Japan, with 47 projects (center table), accounts for 3,1% of industrial
projects, Indian projects included, and 14,4% of projects by foreign companies only.

19. 18/01/18 2020
Companies investing
in India
The table on the right-hand side sorts
industrial investment in India by
companies, using number of projects
criterion. Amazon appear to be the first
foreign investor by number of projects.
Same rankings could be done on either
jobs or amount invested criteria.
Projects % Jobs % MUSD %
Indian Oil (IOCL) 28 1,9% - 0,0% 52 603 11,7%
Amul 23 1,5% - 0,0% 421 0,1%
NTPC 20 1,3% - 0,0% 15 453 3,4%
Oil and Natural Gas Corporation (ONGC) 18 1,2% - 0,0% 13 501 3,0%
NLC India 15 1,0% 3 620 0,6% 4 763 1,1%
Ultratech Cement 12 0,8% 1 750 0,3% 1 434 0,3%
Hindustan Copper 10 0,7% - 0,0% 888 0,2%
Shree Cement 10 0,7% - 0,0% 544 0,1%
Amazon 10 0,7% 13 500 2,1% - 0,0%
National Aluminium Company (NALCO) 9 0,6% 7 162 1,1% 5 369 1,2%
Patanjali Ayurved 9 0,6% 700 0,1% 491 0,1%
Nuclear Power Corporation of India 7 0,5% - 0,0% 44 387 9,9%
JSW Steel 7 0,5% 30 000 4,6% 16 096 3,6%
Reliance Industries 7 0,5% - 0,0% 15 890 3,5%
Bharat Petroleum (BPCL) 7 0,5% 686 0,1% 2 611 0,6%
Mahindra & Mahindra 7 0,5% - 0,0% 277 0,1%
Aarti Industries 7 0,5% 150 0,0% 71 0,0%
Tata Steel 6 0,4% - 0,0% 15 561 3,5%
NMDC 6 0,4% 850 0,1% 5 641 1,3%
NHPC 6 0,4% - 0,0% 4 580 1,0%
Hindustan Petroleum (HPCL) 6 0,4% - 0,0% 4 411 1,0%
Jammu & Kashmir State Power Development Corporation 6 0,4% - 0,0% 3 042 0,7%
Tamil Nadu Generation and Distribution (Tangedco) 6 0,4% - 0,0% 2 184 0,5%
Hindustan Coca-Cola Beverages 6 0,4% 1 148 0,2% 1 988 0,4%
Emami Cement 6 0,4% 848 0,1% 1 197 0,3%
Asian Paints 6 0,4% 700 0,1% 661 0,1%
Syngene International 6 0,4% 610 0,1% 458 0,1%
Natco Pharma 6 0,4% 1 200 0,2% 110 0,0%
Britannia Industries 6 0,4% 1 350 0,2% 95 0,0%
Berger Paints India 6 0,4% - 0,0% 59 0,0%
Vedanta Limited 5 0,3% - 0,0% 840 0,2%
JSW Cement 5 0,3% 435 0,1% 672 0,1%
Patanjali Yogpeeth 5 0,3% 10 000 1,5% 479 0,1%
Hindustan Petroleum (HPCL) / Bharat Petroleum (BPCL) / Indian Oil (IOCL)5 0,3% - 0,0% 375 0,1%
Hindustan Zinc 5 0,3% - 0,0% 371 0,1%
Western Coalfields 5 0,3% 307 0,0% 158 0,0%
Emami Agrotech 5 0,3% 200 0,0% 147 0,0%
SRF 5 0,3% 100 0,0% 146 0,0%
Gujarat Alkalies and Chemicals 5 0,3% - 0,0% 108 0,0%
Micromax 5 0,3% 14 500 2,2% 92 0,0%
HSIL 5 0,3% 900 0,1% 76 0,0%
Aurobindo Pharma 5 0,3% 300 0,0% 39 0,0%
Monginis 5 0,3% - 0,0% 20 0,0%
Supreme Industries 5 0,3% - 0,0% - 0,0%
Top 44 companies 354 23,5% 91 016 14,1% 218 309 48,7%
Other 872 companies 1 155 76,5% 554 757 85,9% 229 699 51,3%
Sum 1 509 100% 645 773 100% 448 008 100%
Industrial investment in India, january
2016 - july 2017, in number of projects,
jobs and amount invested (MUSD) , by
company.
Eg: Syngene International, with 6 projects,
accounts for 0,4% of industrial projects, 0,1% of
jobs (610 jobs) and 0,1% of amounts invested (458
MUSD).

20. 18/01/18 2121
Industrial products in
India
Product Projects % Jobs % MUSD %
Renewable energy power plant 124 8,2% 1 657 0,3% 22 973 5,1%
Fossil-fuel power plant 64 4,2% 15 850 2,5% 66 289 14,8%
Medicine 59 3,9% 15 252 2,4% 2 141 0,5%
Cement 58 3,8% 7 651 1,2% 8 413 1,9%
Design & Innovation 58 3,8% 60 155 9,3% 2 317 0,5%
Dairy 52 3,4% - 0,0% 1 208 0,3%
Port terminal 49 3,2% 13 670 2,1% 17 406 3,9%
Warehousing and storage 47 3,1% 216 0,0% 461 0,1%
Steel 42 2,8% 82 273 12,7% 55 096 12,3%
Refined petroleum product 33 2,2% 25 0,0% 76 681 17,1%
Cell phone 31 2,1% 223 800 34,7% 6 745 1,5%
Coal 22 1,5% 2 240 0,3% 3 110 0,7%
Iron ore 21 1,4% 3 290 0,5% 2 835 0,6%
Paint 19 1,3% 900 0,1% 1 194 0,3%
Alcoholic beverage 18 1,2% 287 0,0% 309 0,1%
Plastic material for packaging 17 1,1% 11 460 1,8% 900 0,2%
Primary plastic 16 1,1% 3 500 0,5% 15 953 3,6%
Natural gas 15 1,0% - 0,0% 16 392 3,7%
Chemical fertilizer 15 1,0% 7 700 1,2% 8 635 1,9%
Automobile 15 1,0% 4 000 0,6% 6 880 1,5%
Solar panel 15 1,0% 16 000 2,5% 5 078 1,1%
Waste-to-energy 15 1,0% 180 0,0% 131 0,0%
Vegetable oil 14 0,9% 4 750 0,7% 698 0,2%
Semi-precious metal ore 14 0,9% - 0,0% 489 0,1%
Household electric appliance 14 0,9% 500 0,1% 453 0,1%
Wearing apparel 14 0,9% 6 000 0,9% 275 0,1%
Part and accessory for motor vehicle 14 0,9% 900 0,1% 69 0,0%
Alcohol 13 0,9% 520 0,1% 423 0,1%
Plastic material for various applications 13 0,9% 900 0,1% 70 0,0%
Aluminium 11 0,7% 8 412 1,3% 6 822 1,5%
Soft drink 11 0,7% 9 725 1,5% 397 0,1%
Regasification of LNG 10 0,7% 500 0,1% 5 445 1,2%
Motorcycle 10 0,7% 11 670 1,8% 1 221 0,3%
Material recovery 10 0,7% 67 0,0% 547 0,1%
Data center 10 0,7% 500 0,1% 359 0,1%
Forwarding of freight and goods-handling operations10 0,7% 240 0,0% 119 0,0%
Animal feed 10 0,7% - 0,0% 84 0,0%
Crude Oil 9 0,6% - 0,0% 5 097 1,1%
Tire 9 0,6% 2 450 0,4% 1 870 0,4%
Spinning and manufacture of yarn 9 0,6% 9 780 1,5% 1 273 0,3%
Fruit 9 0,6% 500 0,1% 316 0,1%
Ceramic construction material 9 0,6% - 0,0% 139 0,0%
Sweet snack 9 0,6% 2 350 0,4% 139 0,0%
Insulated wire and cable 9 0,6% 400 0,1% 116 0,0%
Limestone 9 0,6% 90 0,0% 54 0,0%
Nuclear power plant 8 0,5% - 0,0% 45 237 10,1%
Nitrogen product 8 0,5% 3 107 0,5% 5 014 1,1%
Bottling without transformation 8 0,5% 1 188 0,2% 1 992 0,4%
Cosmetics 8 0,5% 500 0,1% 460 0,1%
Plywood 8 0,5% 1 130 0,2% 246 0,1%
Compound containing nitrogen 8 0,5% - 0,0% 110 0,0%
Top 51 sectors 1 103 73,1% 536 285 83,0% 400 681 89,4%
165 other sectors 406 26,9% 109 488 17,0% 47 327 10,6%
Sum 1 509 100% 645 773 100% 448 008 100%
The table on the right-hand side sorts industrial
investment in India by product, using number
of projects criterion.
Different levels of green highlight shows that
cell phones represent 35% of jobs created,
petroleum 17% of amounts invested, and
renewable energy plants are the first product by
number of projects, twice the number of fossil-
fuel power plants.
Industrial investment in India, january
2016 - july 2017, in number of projects,
jobs and amount invested (MUSD) ,
by product.
Eg: There have been 8 projects announced for
Nuclear power plants (0,5% of the number of
projects), % of jobs unknown and 10% of
amounts invested (45 237 MUSD).

21. 18/01/18 22
We track investment announcements worldwide. When announced, many investments are only projects, and will
be completed after a lenght of time that will include zoning, land preparation, building and so on. For each
operation we try to include the planned date of production and the beginning of production.
Capacities are also included, in units relevant to each project (units, megawatts, liters…)
We also add, if available, items such as: customers, suppliers, contractors and financers.
If, finally, a project is cancelled we will cancel it in the database.
Projects are living and we try to grasp as many characteristics as we can.
22
From project to installed capacities

22. 18/01/18 23
The following page lists all the industrial investment announced in India with an industry 4.0 score of
6 or more (on 12).
We rank every investment project alongside six criteria representing industry 4.0 tendencies : flexibility
(ability to switch from one product, or product caracteristic, to another) ; energy efficiency ; use of digital
technologies, social (efforts for workers), environmental and territorial efforts (efforts for surrounding
territory).
This ranking is based on information available in the newspaper information gathered by our analysts.
A project which is not scored may suffer from a lack of communication rather than bad design or
implementation.
23
Best industry 4.0 investments
Screen copy of the database,
for a project ranked 10 out of
12, detailing the measures
related to industry 4.0 scoring.

23. 24
Investment headline
Industry
4.0 score
Environment Energy efficiency Flexibility Numerization Territorial efforts Social efforts
Sintex Industries is investing around 895 MUSD to set up a new textiles processing plant in Pipavav, near Rajula (India), which would create 8 000 jobs. 10 2 2 2 2 0 2
Japanese company Honda has invested 163 MUSD in a new scooter plant at Mandal (India), leading to creation of 4 000 new jobs. 10 2 2 0 2 2 2
Jindal Steel and Power is planning to invest 48 MUSD to set up a new cement grinding plant in Mukundpur, near Angul (India). 9 2 1 2 1 2 1
British-Indian company GlaxoSmithKline Pharmaceuticals is investing around 150 MUSD in a new gastroenterology and anti-inflammatory medicine plant in Vemgal, near
Kolar (India), which would create 232 new jobs.
9 2 2 1 2 0 2
AmulFed Dairy is going to invest 59 MUSD in a new milk powder plant in Bhat near Gandhinagar (India). 9 2 2 1 2 0 2
Germany's BASF has invested 53 MUSD to set up a new global R&D centre for agrochemicals, pharmaceuticals and crop protection research in Mumbai (India), where up to
300 scientists would be able to work.
9 2 2 2 1 1 1
The American PepsiCo invests 178 million USD in a new plant in Sricity sodas (India), which is expected to create 8,000 direct and indirect jobs. 9 2 2 2 2 0 1
Jawahar Shetkari Sahakari Sakhar Karkhana is investing 11 MUSD to increase its cane crushing capacity from 7 500 to 12 000 tonnes per day at its Hupari sugar mill near
Ichalkaranji (India).
9 2 1 2 2 1 1
Deccan Fine Chemicals (India) is planning to invest 179 MUSD in a new herbicide and insecticide plant at Payakaraopeta (India). 8 2 2 2 0 2 0
Subramaniya Siva Cooperative Sugar Mills is investing 15 MUSD near Harur (India) in a new molasses-based distillery plant which will also produce ethanol and include a 1
MW captive power plant.
8 2 1 1 0 2 2
Chilika Distilleries is investing around 6 MUSD in a new grain-based distillery and a captive power plant, fired by coal and biomass, near Khallikote (India), which would
create around 80 new jobs.
8 2 2 2 1 1 0
U.S. company Intel is investing 171 MUSD to set up a new high-tech design house in Bengaluru (India), which would create 3 000 jobs. 8 2 1 1 2 2 0
Indo-British company G J Nature Care and Energy, with help from Indian partners, is going to set up a new state-of-the-art power plant ("Brahmapuram") near Cochin
(Kerala - India) to convert municipal solid waste to energy.
8 1 0 2 1 2 2
Uttam Galva Group, with South Korean company POSCO, is investing 2,37 bn USD in a new steel plant near Banda (India), which would create 4 034 new jobs. 8 2 2 2 2 0 0
JSW Cement is planning to invest 47 MUSD in a new, highly eco-friendly, automated cement grinding plant at Kalinganagar (India). 8 2 2 0 2 2 0
Greenply Industries is investing 118 MUSD to set up a new, integrated plant near Chittoor (India) for making medium-density fibreboard. 7 2 0 2 1 2 0
The Japanese Yamaha will invest 230 million USD in its new factory bikes in Sriperumbudur (India) to move from 450,000 to 1.8 million units per year, generating 3900 jobs
by 2018.
7 2 2 0 1 0 2
The Indian company has launched a TNPL coated board mill solid wood multi-layer Tiruchirappalli (India), including a coal power plant of 30 MW capacity, generating a total
of 450 jobs for 25 million USD investment.
7 2 0 0 1 2 2
Stelis Biopharma is investing 37 MUSD in a new biopharmaceutical plant at Doddaballapur (India). 7 2 0 2 2 0 1
TI Cycles of India has just commissioned a new factory bike Rajpura (India) for an investment of 16 MUSD. 7 2 2 2 1 0 0
Shakambhari Ispat & Power is investing 149 MUSD to expand its Madandih integrated steel plant near Raghunathpur (India), including raising capacity of steel billets from
74 000 to 300 000 tonnes per annum and increasing captive power plant rated capacity from 12 to 99 MW, leading to retention or creation of 1 700 jobs.
7 2 2 2 0 1 0
Shriram Rayons is investing 25 MUSD in its Ladpura plant, near Kota (India), to increase production capacity of rayon tire cord as well as other products. 7 2 1 2 0 2 0
VBC Group is going to invest nearly 1,5 bn USD in a new integrated nitrogen fertilisers and explosive-grade ammonium nitrate plant near Nandigama (India), which would
also include a natural gas fired captive power plant and create up to 1 500 jobs.
7 2 2 2 0 1 0
Hatsun Agro Product is investing 19 MUSD to set up a new milk and curd processing unit at Dharapuram (India). 6 2 1 1 2 0 0
Kashvi International is going to expand the iron ore pellet production capacity at its recycling plant at Jhumpura (India) for an investment of 23 MUSD. 6 2 2 0 0 2 0
Hindustan Copper has recently inaugurated India's first nickel metal production facility at Ghatshila. 6 2 2 1 0 0 1
Nagarjuna Group, along with other Indian and international partners, is building a new petroleum refinery for an investment of 3 bn USD near Cuddalore (India). 6 1 2 2 1 0 0
Matix Fertilisers and Chemicals has invested 1.1 billion dollars in a new factory of chemical fertilizers in Durgapur (India), capable of producing 3 million tons per year. 6 2 0 0 2 2 0
Reekriti Distilleries is investing up to 30 MUSD in a new distillery unit near Gursahaiganj (India). 6 2 2 1 1 0 0
Tata Steel built a large steel plant in Kalinganagar (India), investing 14.9 billion dollars for commissioning expected by 2025. 6 2 0 1 1 2 0
Anglo-Indian group Vedanta has recently commissioned a 660 MW unit at its state-of-the-art, supercritical coal-fired power plant in Talwandi Sabo (India). 6 2 2 0 1 1 0
Indian Oil (IOCL) is investing more than 4 MUSD in modernizing its Cherlapalli LPG bottling plant in Secunderabad (India), which would double the plant's bottling capacity.
6 0 0 2 2 2 0
Dr Reddy's Laboratories is going to expand the production capacity of its biosimilars facility in Hyderabad (India). 6 2 0 2 2 0 0
Mangalam Cement is investing 95 MUSD to expand its integrated cement plant, including a new 17,5 MW captive power plant, near Ramganj Mandi (India). 6 2 1 1 0 0 2
Camlin Fine Sciences is investing up to 46 MUSD in a new plant for manufacturing catechol, hydroquinone, and vanillin, including a captive coal-fired power plant of 4,4 MW,
at Dahej (India).
6 2 2 1 0 1 0
Mula Sahakari Sakhar Karkhana is investing around 27 MUSD to expand its molasses-based distillery production capacity (from 30 to 45 kilolitres a day), and cogeneration
captive power plant's rated capacity (from 14 to 30 MW), at Nevasa (India).
6 2 2 0 0 0 2
Bhushan Steel will build a unit of iron ore pellets, key raw material for its steel plant in Dhenkanal (India), investing 447 million USD. 6 2 0 0 0 2 2
JSW Steel is investing 159 MUSD to expand the steelmaking capacity of its JSW Salem Works plant at Mecheri, near Mettur (India). 6 1 1 0 0 2 2
JSW Steel will invest 5.15 billion dollars in a new steel plant and a captive power plant of 900 MW at Sonahatu (India), which is expected to generate up to 30 000 indirect
jobs.
6 2 2 0 0 0 2
Sum 73 52 46 40 39 32
39 projects scored 6 or more, with our Industry 4.0 index, in India, since january 2016.

24. 18/01/18 2525
France - India
From january 2016, we registered 16
French industrial investment projects
in India.
No Indian investment has been
registered in France during the same
period. However, we track in I&S
database only industrial investments
sized over 30 MUSD.
Our Country database however
(shows 11 Indian investments in
France since january 2016 (Tata
consultancy services, Jaguar,
Aperam, HCL, Tech Mahindra…)
Those investments created 561 jobs
and totalled 243 MUSD.
Screen copy of the database, when
French investment in India are used as
search criteria.

25. 18/01/18 26
Strategica is an India based management consulting firm specialising is FDI
research and analysis. We also advise companies on their global expansion and
advise a number of international firms on their India expansion. We also advise a
number of Government trade and FDI agencies on their India strategy.
Contact :
Saurav@strategica.co.in
26
Strategica