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One hundred percent foreign investment under automatic route has been permitted for palm oil tree plantation since 2015. The government is constantly taking various initiatives to boost investments which, inter-alia, include the Make in India programme, measures to improve ease of doing business, facilitating micro-, small and medium enterprises (MSME), reforms in the foreign direct investment (FDI) policy, etc.
Statement on financial year-wise FDI equity inflows from April 2014 to March 2019
Sector: Hybrid seeds and plantation
Serial number |
Year |
FDI (in $ million) |
1 |
2014-15 |
17.46 |
2 |
2015-16 |
20.53 |
3 |
2016-17 |
49.67 |
4 |
2017-18 |
63.42 |
5 |
2018-19 |
40.56 |
Grand total |
191.64 |
This information was given in a written reply by agriculture and farmers’ welfare minister Narendra Singh Tomar in Lok Sabha recently.
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