Page 654 - ES 2020-21_Volume-1-2 [28-01-21]

Industry and Infrastructure 281

Figure 17: FDI Equity Flow to Manufacturing and Non-Manufacturing Sector

50,000 70
45,000
60
40,000 50
Amount in USD Million 30,000 40 Percent
35,000

25,000
30
20,000
15,000
10,000 20
10
5,000
0 0
FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21*
* Apr-Sep 2020 Manufacturing (LHS) Non Manufacturing (LHS)
Total (LHS) Share of Manufacturing (RHS)
Source: Survey calculations based on DPIIT data.

Figure 18: Share of specific manufacturing industries in total
manufacturing FDI Equity Flows in FY20

Automobile
16.5%
Telecom

33.1% Metallurgical

Non-Conventional
13.9%
Chemicals

Food Processing
4.6% 12.3%
Petro
5.3%
6.2% 8.1% Other

Source: Survey calculations based on DPIIT data.

SECTOR WISE ISSUES AND INITIATIVES

Steel

8.25 Steel is one of the critical inputs to industries, urban development and infrastructure
development. Taking cognizance of the requirement of this critical input in these crucial pillars
of economic growth, the National Steel Policy, 2017 (NSP-17) envisioned significant expansion
in production capacity while being globally competitive. The NSP-17 aims at achieving a crude
steel capacity of 300 million tonnes (MT) and a finished steel capacity of 230 MT with a per
capita consumption of 158 kg by 2030-31 (Figure 19).