Registration of Foreign Companies Under Atmanirbhar Bharat Mission

The Government announced several measures under the Atmanirbhar Bharat package with the aim of making the country self-reliant and to strengthen domestic manufacturing to compete in global supply chain. Some of the key aspects are: special economic and comprehensive package of Rs. 29.87 lakh crore, Rs. 3 lakh crore Emergency Working Capital Facility for Businesses, Rs. 45,000 crore Partial credit guarantee Scheme 2.0 for Liabilities of NBFCs/MFIs, Rs. 1 lakh crore Agri Infrastructure Fund for farm-gate infrastructure, launch of the PM GatiShaki – a National Master Plan for multi-modal connectivity, reducing compliance burden on citizen and business to simplify, decriminalize & remove redundant laws, a liberal and transparent policy for attracting Foreign Direct Investment (FDI), launch of the National Single Window System (NSWS) and Production Linked Incentive (PLI) Scheme in 14 different sectors.

Under PLI Scheme, 292 companies have been approved across sectors till date. There is no concept of registration under Atmanirbhar Bharat. However, there are 111 number of foreign companies which have established their place of business in India from 13.05.2020 till 30.11.2021 under the provision of section 380 of the Companies Act, 2013.

FDI Data is not maintained separately under Atmanirbhar Bharat. However, since announcement of the package, total FDI inflow into the country is as under:

# Data is provisional, subject to reconciliation with RBI.

This information was given by the Minister of State in the Ministry of Commerce and Industry, Shri SomParkash, in a written reply in the Rajya Sabha today.