Royal Indian Raj — Competitive Conditions for FDI in India
U.S. International Trade Commission study on India's investment climate cites Royal Indian Raj International Corp. among the largest greenfield FDI commitments.
Net foreign direct investment flows into India reached $15.7 billion in 2006–07 — more than triple the $4.7 billion recorded a year earlier — with the largest share originating from Mauritius, followed by the United States and the United Kingdom.
The study examines FDI in the context of India's economic and regulatory environment, presenting trends by country and by industry using official government data alongside specific multinational investment activities. It explores Special Economic Zones, India's evolving regulatory environment, and the effects of its trade agreements on foreign investment.
Among the report's largest examples in the property, tourism and leisure sector: "Royal Indian Raj International Corp. has signed a contract with Choice Hotels to build 15,000 hotel rooms around the country, with an estimated FDI value of $6 billion."
Greenfield FDI in heavy industry and transport equipment together attracted over $30 billion in 2006, with projects in the heavy industry cluster frequently requiring upwards of $6 billion in startup investment costs.