Overseas Investment: India and South Africa

(asked on 30th November 2016) - View Source

Question to the Department for International Development:

To ask the Secretary of State for International Development, what the total value was in each of the last six years of Commonwealth Development Corporation investments in (a) India and (b) South Africa by (i) state and (ii) economic sector.


Answered by
 Portrait
Rory Stewart
This question was answered on 5th December 2016

India

i) Disbursements in India by state

The percentage of CDC’s disbursement going to the poorest states in India (classified as ‘A’ states under CDC’s development impact grid) has risen from 8% in 2009-11 (before CDC adopted a new strategy in 2012), to 30% 2012-14, to 42% in 2015.

Amount disbursed

State in India

2009- 2011

2012-2014

2015

Assam

459,014

445,898

Bihar

4,006,784

6,873,457

Chhattisgarh

2,426,168

1,014,484

1,741,145

Jammu & Kashmir

90,684

4,367

Jharkhand

153,963

227,322

1,254,654

Madhya Pradesh

1,055,762

8,616,980

18,220,511

Nagaland

68,013

3,275

Odisha

2,665,999

5,140,926

996,051

Rajasthan

28,016

14,788,169

11,202,038

Tripura

17,059,696

Uttar Pradesh

7,410,434

11,451,417

11,921,586

West Bengal

4,147,664

14,372,807

4,076,014

Meghalaya

100,777

64,812

Mizoram

68,013

3,275

Andhra Pradesh

69,193,376

7,910,934

524,070

Himachal Pradesh

201,568

108,890

161,243

Karnataka

21,385,167

28,669,264

14,457,966

Kerala

3,984,212

495,743

1,062,647

Telangana

2,301,142

Chandigarh

1,410,680

125,060

65,852

Delhi

3,741,321

10,797,123

10,082,935

Goa

779,865

167,817

Gujarat

1,506,022

13,990,969

6,898,106

Haryana

9,951,775

16,546,866

3,859,030

Maharashtra

66,635,038

36,870,050

23,360,223

Pondicherry

75,262

503,164

Punjab

1,223,827

15,647,394

Tamil Nadu

15,666,838

21,641,697

22,515,359

Uttarakhand

1,250,854

785,023

1,300,230

Grand Total

212,814,857

202,727,105

174,472,815

Footnote - The above shows annual disbursements allocated state by state by CDC Development Impact team based on expected use of funds. This % is indicative for the portfolio valuation, as Indian companies do not account on a state-by-state basis.

ii) Economic Sector by total portfolio value (£m)

Sector

2010

2011

2012

2013

2014

2015

Agribusiness & Food

5.4

4.2

10.2

11.0

20.6

24.7

Consumer Services

22.7

25.4

30.5

45.5

54.1

43.2

Education

4.9

4.7

7.5

8.7

10.7

10.0

Extractive Industries

11.6

5.7

4.7

3.7

4.7

1.9

Financial

50.9

44.9

69.9

82.6

138.6

209.9

Health care

153.5

52.5

59.9

65.1

118.8

138.8

Industrials

88.9

99.4

96.8

87.3

96.0

107.2

Information & communications technology

27.3

27.9

30.0

26.7

32.2

32.1

Infrastructure

132.5

129.5

129.1

116.8

119.9

105.3

Real Estate

17.1

21.6

23.2

19.5

17.4

15.9

Grand Total

514.8

415.8

462.1

467.0

613.0

689.1

South Africa

i) Total value of investments by state

South African companies do not account value on a state-by-state basis. CDC does not assess its South African investments by State.

ii) Economic Sector by total portfolio value (£m)

Sector

2010

2011

2012

2013

2014

2015

Agribusiness & Food

5.7

5.6

5.7

7.6

10.3

10.2

Consumer Services

32.5

31.9

35.2

29.9

32.6

5.9

Extractive Industries

12.8

4.5

6.0

5.8

7.4

7.1

Financial

56.7

61.1

67.4

67.4

19.4

21.2

Health care

0.6

0.7

0.7

0.9

0.0

0.0

Industrials

104.5

99.5

97.5

70.5

50.5

27.7

Information & communications technology

3.8

16.3

19.2

19.8

23.2

18.8

Infrastructure

3.9

5.6

41.0

143.8

135.0

90.6

Real Estate

0.0

0.0

0.0

0.0

Grand Total

220.4

225.1

272.7

345.5

278.4

181.5

Reticulating Splines