Ministry of Corporate Affairs

96 foreign companies registered in India in 2017-18 with almost Rs 10 crore revenue from them; Govt. carries out many programmes to spread awareness in investors

Posted On: 22 DEC 2017 7:00PM by PIB Delhi

The number of foreign companies registered during each of the last three years and the current year in the country including in the State of Madhya Pradesh along with the amount of revenue earned from these companies, State/UT/Year-wise can be seen with Annexure-I.

The detailed provisions with regard to companies incorporated outside India are laid down in Chapter XXII of the Companies Act, 2013 (Section 379-393) and Companies (Registration of Foreign Companies) Rules, 2014.   Further, section 380 of the Companies Act, 2013 read with such Rules specifies the documents/information etc. required to be filed by a foreign company with Registrar of Companies, New Delhi within 30 days from establishment of its place of business in India.

As per the provisions of Section 125 of the Companies Act, 2013 the IEPF Authority is mandated to promote investor education, awareness and protection. To promote investor awareness the authority has issued advertisements in newspapers, jingles on radio, crawlers on Doordarshan, SMSs on mobile phones. Investor Awareness Programmes are organised through Professional Institutes as well as through the Common Services Centres located in rural areas of the country. A joint campaign in association with Securities and Exchange Board of India, Reserve Bank of India and Department of Consumer Affairs has also been initiated. 

This was stated by Shri P.P. Chaudhary, Minister of State for Law & Justice / Corporate Affairs in written reply to a question in Lok Sabha today.

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ANNEXURE-I

State/UT/Year-wise number of registration of foreign companies during the last three financial years and the current year

Sl. No.

State/UT

2014-15

2015-16

2016-17

2017-18 (till 30.11.2017)

No. of companies

 Revenue earned from these companies(in Rs.)

No. of companies

 Revenue earned from these companies(in Rs.)

No. of companies

 Revenue earned from these companies(in Rs.)

No. of companies

 Revenue earned from these companies(in Rs.)

1

Andhra Pradesh

-

714000

1

3210000

-

1962000

1

1662000

2

Bihar

-

-

-

-

1

6000

-

42000

3

Chandigarh

-

168000

-

246000

-

102000

-

150000

4

Chattisgarh

-

-

1

6000

-

42000

-

18000

5

Delhi

42

37608000

45

25362000

43

27186000

21

27198000

6

Goa

-

18000

 

18000

-

36000

-

6000

7

Gujarat

6

2064000

2

3210000

2

1854000

3

2598000

8

Haryana

15

12264000

16

11892000

24

12564000

15

9552000

9

Jharkhand

-

-

-

-

-

156000

-

546000

10

Karnataka

19

10350000

15

10770000

15

9540000

7

6372000

11

Kerala

1

750000

1

1506000

1

840000

2

570000

12

Madhya Pradesh

3

336000

 

486000

1

288000

 

444000

13

Maharashtra

46

40242000

42

42306000

51

32388000

27

34854000

14

Orissa

-

126000

-

672000

-

330000

-

102000

15

Pondicherry

-

24000

-

30000

-

24000

-

12000

16

Punjab

-

12000

1

42000

1

42000

-

48000

17

Rajasthan

3

324000

3

360000

 

288000

-

396000

18

Tamil Nadu

12

9294000

8

7578000

11

7218000

8

9204000

19

Telangana

2

2100000

2

1554000

2

930000

4

1164000

20

Uttar Pradesh

4

2514000

7

3426000

5

2142000

6

1380000

21

Uttarakhand

-

18000

1

156000

2

30000

-

102000

22

West Bengal

4

1710000

4

4128000

1

2100000

2

2034000

23

Grand Total

157

120636000

149

116958000

160

100068000

96

98454000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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