(581 kb)

Date : Dec 02, 2025

Survey on Foreign Collaboration in Indian Industry: 2023–2025 – Data Release

Today, the Reserve Bank released the results1 of the fifteenth round of its biennial survey on foreign collaboration in Indian industry (FCS) covering the financial years 2023-24 and 2024-25. This survey captures information on financial parameters and operations of the Indian companies having technical collaboration with foreign companies during the reference period, as per the attached schedule.

In the latest survey round, 601 foreign technical collaboration (FTC) agreements were reported by 255 Indian entities, of which, 163 entities had participated in the previous survey round.

Highlights:

  • Foreign technical collaboration (FTC) agreements were primarily present in the foreign direct investment (FDI) companies, which were either foreign subsidiaries (i.e., single foreign investor holding more than 50 per cent of total equity) or foreign associate companies (i.e., foreign investors’ equity holding ranging between 10 to 50 per cent), with 68 per cent and 21 per cent share of the total FTCs, respectively (Table 1).
  • The FTCs in the manufacturing sector entities accounted for 78.4 per cent of the total reported FTCs, of which, machinery and motor vehicles together accounted for 30.6 per cent; while FTCs in the services sector constituted 16.6 per cent (Table 2).
  • Japan, the United States of America (USA) and Germany remained the top three countries contributing to the technical collaborations in the Indian entities (Table 3).
  • Around 61 per cent of FTCs involved technology know-how transfer by the foreign collaborators and 8 per cent FTCs were for use of trademarks / brand names (Table 4).
  • Royalty payments, inclusive both royalty and lump sum technical fees, was the payment mode for around two-thirds of FTCs (Table 5).
  • Of the 601 reported FTC agreements, 187 had export restriction clauses and 188 FTC had provision for exclusive rights on assets transferred (Tables 6 and 8).
  • Manufacturing sector had the highest share in value of production among the FTC companies. Within manufacturing, motor vehicles sector had the largest share (Table 9).
  • The exports of the FTC reporting entities grew at a faster pace (20.3 per cent) as compared to the imports (4.6 per cent) in 2024-25 - they had 17.7 per cent and 18.6 per cent shares, respectively, in the total value of production (Tables 10 and 11).
  • Average profitability of FTC reporting companies, measured by the ratio of gross profit to capital employed, stood at 14.4 per cent in the current survey round (Table 12).

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2025-2026/1615


Table 1: Group-wise number of entities having Foreign Technical Collaboration (FTC): 2023-25

Company Group

Number of Companies

Foreign Subsidiary

174

Foreign Associate

53

Pure Technical Collaboration

8

Others (Foreign Equity less than 10 per cent or only outward investment)

20

Total

255

 

Table 2: Industry-wise Distribution of Agreements of FTC Companies

Industry

Fourteenth Round
(2021-22 to 2022-23)

Fifteenth Round
(2023-24 to 2024-25)

Number

% in Total

Number

% in Total

A. Agriculture-related, Plantation and Allied activities

6

0.9

2

0.3

B. Mining & Quarrying

-

-

-

-

C. Manufacturing

529

78.4

471

78.4

Food Products

2

0.3

1

0.2

Beverages and Tobacco products

1

0.2

-

-

Textiles

1

0.2

1

0.2

Wearing Apparel

2

0.3

-

-

Leather & related products

1

0.1

1

0.2

Wood & products of wood and cork, except furniture

-

-

-

-

Printing and reproduction of recorded media

-

-

-

-

Coke and refined petroleum products

4

0.6

4

0.6

Chemicals and chemical products

46

6.8

44

7.3

Pharmaceuticals, medicinal chemical and botanical products

6

0.9

17

2.8

Rubber and plastics products

25

3.7

17

2.8

Other Non-metallic mineral products

10

1.5

10

1.7

Manufacture of basic metals

-

-

1

0.2

Fabricated metal products; except machinery and equipment

11

1.6

8

1.3

Computer, electronic and optical products

5

0.7

3

0.5

Electrical equipment

21

3.1

22

3.7

Machinery and equipment not elsewhere classified

93

13.8

123

20.5

Motor vehicles, trailers and semi-trailers

76

11.3

61

10.1

Other transport equipment

29

4.3

4

0.7

Other manufacturing

196

29.0

154

25.6

D. Electricity, gas, steam and air conditioning supply

3

0.4

1

0.2

E. Water supply; sewerage, waste management and remediation activities

1

0.2

1

0.2

F. Construction

21

3.1

26

4.3

G. Services

114

17.0

100

16.6

Wholesale and retail trade; repair of motor vehicles and motorcycles

8

1.2

22

3.7

Repair and installation of machinery and equipment

14

2.1

10

1.7

Accommodation and Food service activities

-

-

2

0.3

Information and communication

7

1.0

34

5.6

Financial and insurance activities

14

2.1

3

0.5

Real estate activities

1

0.2

-

-

Scientific research and development

1

0.2

23

3.8

Other service activities

69

10.2

6

1.0

Total

674

100.0

601

100.0

Note: 1. Components may not add up to the total due to rounding off.
2. – : Nil / negligible.
(These are applicable for all tables)

 

Table 3: Country-wise Distribution of Agreements of FTC Companies

Country

Fourteenth Round
(2021-22 to 2022-23)

Fifteenth Round
(2023-24 to 2024-25)

Number

% in Total

Number

% in Total

Japan

236

35.0

210

34.9

United States of America

87

12.9

74

12.3

Germany

73

10.8

64

10.7

South Korea

41

6.1

59

9.8

Italy

29

4.3

22

3.7

France

29

4.3

21

3.5

United Kingdom

20

3.0

20

3.3

Switzerland

18

2.7

13

2.2

Singapore

9

1.3

12

2.0

Others*

132

19.6

106

17.6

Total

674

100.0

601

100.0

* ‘Others’ include countries with less than nine FTC agreements reported in the current survey round.

 

Table 4: Distribution of Agreements According to Type of Assets Transferred of FTC Companies

Asset transferred

Fourteenth Round
(2021-22 to 2022-23)

Fifteenth Round
(2023-24 to 2024-25)

Number

% in Total

Number

% in Total

Know-how

377

55.9

365

60.7

Trademark/ Brand Name

76

11.3

48

8.0

Patent

8

1.2

2

0.3

Others (Including combination of above)

213

31.6

186

31.0

Total

674

100.0

601

100.0

 

Table 5: Distribution of Agreements According to Mode of Payment of FTC Companies

Mode of Payment

Fourteenth Round
(2021-22 to 2022-23)

Fifteenth Round
(2023-24 to 2024-25)

Number

% in Total

Number

% in Total

Royalty

299

44.4

241

40.1

Lump sum technical fees

68

10.0

38

6.3

Both Royalty and Lump-sum technical fees

177

26.3

158

26.3

Others *

130

19.3

164

27.3

Total

674

100.0

601

100.0

* * Others include other modes of payment (other than royalty and lump-sum technical fess) for dividend; import of machinery and raw materials; technical support fees; training, communication and advertising and other similar remittances.

 

Table 6: Industry-wise Agreements with Exports Restrictive Clauses of FTC Companies

Industry

Fourteenth Round
(2021-22 to 2022-23)

Fifteenth Round
(2023-24 to 2024-25)

Total no. of Agreements

No. of Agreements with Export restrictive clauses

% of Agreements with Export Restrictive Clauses

Total no. of Agreements

No. of Agreements with Export restrictive clauses

% of Agreements with Export Restrictive Clauses

A. Agriculture-related, Plantation and Allied activities

6

1

16.7

2

-

-

B. Mining & Quarrying

-

-

-

-

-

-

C. Manufacturing

529

180

34.0

471

173

36.7

Food Products

2

1

50.0

1

1

100.0

Beverages and Tobacco products

1

-

-

-

-

-

Textiles

1

-

-

1

-

-

Wearing Apparel

2

-

-

-

-

-

Leather & related products

1

-

-

1

-

-

Wood & products of wood and cork, except furniture

-

-

-

-

-

-

Printing and reproduction of recorded media

-

-

-

-

-

-

Coke and refined petroleum products

4

2

50.0

4

2

50.0

Chemicals and chemical products

46

8

17.4

44

5

11.4

Pharmaceuticals, medicinal chemical and botanical products

6

3

50.0

17

6

35.3

Rubber and plastics products

25

5

20.0

17

1

5.9

Other Non-metallic mineral products

10

8

80.0

10

10

100.0

Manufacture of basic metals

-

-

-

1

-

-

Fabricated metal products; except machinery and equipment

11

1

9.1

8

2

25.0

Computer, electronic and optical products

5

1

20.0

3

1

33.3

Electrical equipment

21

-

-

22

10

45.5

Machinery and equipment not elsewhere classified

93

35

37.6

123

45

36.6

Motor vehicles, trailers and semi-trailers

76

27

35.5

61

29

47.5

Other transport equipment

29

12

41.4

4

2

50.0

Other manufacturing

196

77

39.3

154

59

38.3

D. Electricity, gas, steam and air conditioning supply

3

-

-

1

1

100.0

E. Water supply; sewerage, waste management and remediation activities

1

-

-

1

-

-

F. Construction

21

11

52.4

26

11

42.3

G. Services

114

6

5.3

100

2

2.0

Wholesale and retail trade; repair of motor vehicles and motorcycles

8

-

-

22

-

-

Repair and installation of machinery and equipment

14

1

7.1

10

1

10.0

Accommodation and Food service activities

-

-

-

2

-

-

Information and communication

7

-

-

34

-

-

Financial and insurance activities

14

1

7.1

3

1

33.3

Real estate activities

1

-

-

-

-

-

Scientific research and development

1

-

-

23

-

-

Other service activities

69

4

5.8

6

-

-

Total

674

198

29.4

601

187

31.1

 

Table 7: Country-wise Distribution of Agreements with Exports Restrictive Clauses of FTC Companies

Country

Fourteenth Round
(2021-22 to 2022-23)

Fifteenth Round
(2023-24 to 2024-25)

Total no. of Agreements

No. of Agreements with Export restrictive clauses

% of Agreement with Export Restrictive Clauses

Total no. of Agreements

No. of Agreements with Export restrictive clauses

% of Agreement with Export Restrictive Clauses

Japan

236

99

41.9

210

110

52.4

United States of America

87

25

28.7

74

17

23.0

Germany

73

16

21.9

64

12

18.8

South Korea

41

8

19.5

59

9

15.3

Italy

29

7

24.1

22

9

40.9

France

29

3

10.3

21

4

19.0

United Kingdom

20

5

25.0

20

4

20.0

Switzerland

18

5

27.8

13

3

23.1

Singapore

9

1

11.1

12

0

-

Others

132

29

22.0

106

19

17.9

Total

674

198

29.4

601

187

31.1

 

Table 8: Industry-wise Agreements with Provision of Exclusive Rights of FTC Companies

Industry

Fourteenth Round
(2021-22 to 2022-23)

Fifteenth Round
(2023-24 to 2024-25)

Total no. of Agreements

No. of Agreements with Exclusive Rights

% in Total No of Agreements

Total Number of Agreements

No. of Agreements with Exclusive Rights

% in Total no. of Agreements

A. Agriculture-related, Plantation and Allied activities

6

5

83.3

2

-

-

B. Mining & Quarrying

-

-

-

-

-

-

C. Manufacturing

529

178

33.6

471

163

34.6

Food Products

2

2

100.0

1

1

100.0

Beverages and Tobacco products

1

-

-

-

-

-

Textiles

1

1

100.0

1

1

100.0

Wearing Apparel

2

-

-

-

-

-

Leather & related products

1

-

-

1

-

-

Wood & products of wood and cork, except furniture

-

-

-

-

-

-

Printing and reproduction of recorded media

-

-

-

-

-

-

Coke and refined petroleum products

4

2

50.0

4

1

25.0

Chemicals and chemical products

46

19

41.3

44

9

20.5

Pharmaceuticals, medicinal chemical and botanical products

6

2

33.3

17

3

17.6

Rubber and plastics products

25

12

48.0

17

7

41.2

Other Non-metallic mineral products

10

7

70.0

10

10

100.0

Manufacture of basic metals

-

-

-

1

-

-

Fabricated metal products; except machinery and equipment

11

2

18.2

8

1

12.5

Computer, electronic and optical products

5

3

60.0

3

1

33.3

Electrical equipment

21

7

33.3

22

13

59.1

Machinery and equipment not elsewhere classified

93

31

33.3

123

65

52.8

Motor vehicles, trailers and semi-trailers

76

28

36.8

61

25

41.0

Other transport equipment

29

16

55.2

4

3

75.0

Other manufacturing

196

46

23.5

154

23

14.9

D. Electricity, gas, steam and air conditioning supply

3

1

33.3

1

-

-

E. Water supply; sewerage, waste management and remediation activities

1

-

-

1

-

-

F. Construction

21

12

57.1

26

11

42.3

G. Services

114

21

18.4

100

14

14.0

Wholesale and retail trade; repair of motor vehicles and motorcycles

8

3

37.5

22

3

13.6

Repair and installation of machinery and equipment

14

6

42.9

10

4

40.0

Accommodation and Food service activities

-

-

-

2

2

100.0

Information and communication

7

4

57.1

34

3

8.8

Financial and insurance activities

14

2

14.3

3

-

-

Real estate activities

1

1

100.0

-

-

-

Scientific research and development

1

-

-

23

1

4.3

Other service activities

69

5

7.2

6

1

16.7

Total

674

217

32.2

601

188

31.3

 

Table 9: Industry-wise Share in value of Production of FTC Companies

(amount in Rs, crore)

Industry

Value of Production

Annual Growth
(per cent)

Share in VoP (2024-25)

2023-24

2024-25

A. Agriculture-related, Plantation and Allied activities

2,292

2,163

-5.6

0.3

B. Mining & Quarrying

-

-

-

-

C. Manufacturing

4,13,115

4,34,357

5.1

69.4

Food Products

98

43

-56.1

-

Beverages and Tobacco products

-

-

-

-

Textiles

136

140

2.9

-

Wearing Apparel

-

-

-

-

Leather & related products

180

187

3.9

-

Wood & products of wood and cork, except furniture

-

-

-

-

Printing and reproduction of recorded media

-

-

-

-

Coke and refined petroleum products

3,677

4,210

14.5

0.7

Chemicals and chemical products

19,766

20,080

1.6

3.2

Pharmaceuticals, medicinal chemical and botanical products

1,431

1,631

14.0

0.3

Rubber and plastics products

2,737

3,021

10.4

0.5

Other Non-metallic mineral products

2,516

2,625

4.3

0.4

Manufacture of basic metals

47

65

38.3

-

Fabricated metal products; except machinery and equipment

2,661

2,696

1.3

0.4

Computer, electronic and optical products

334

300

-10.2

0.1

Electrical equipment

33,685

39,949

18.6

6.4

Machinery and equipment not elsewhere classified

21,084

21,439

1.7

3.4

Motor vehicles, trailers and semi-trailers

1,88,070

1,94,401

3.4

31.0

Other transport equipment

37,650

40,965

8.8

6.6

Other manufacturing

99,043

1,02,605

3.6

16.4

D. Electricity, gas, steam and air conditioning supply

171

159

-7.0

-

E. Water supply; sewerage, waste management and remediation activities

1

-

-100.0

-

F. Construction

1,31,321

1,48,334

13.0

23.7

G. Services

44,118

41,325

-6.3

6.6

Wholesale and retail trade; repair of motor vehicles and motorcycles

1,969

1,429

-27.4

0.2

Repair and installation of machinery and equipment

1,419

1,480

4.3

0.2

Accommodation and Food service activities

108

100

-7.4

-

Information and communication

35,330

31,019

-12.2

5.0

Financial and insurance activities

2,948

3,360

14.0

0.6

Real estate activities

-

-

-

-

Scientific research and development

181

208

14.9

-

Other service activities

2,163

3,729

72.4

0.6

Total

5,91,018

6,26,338

6.0

100.0

 

Table 10: Industry-wise Export of FTC Companies

(amount in Rs, crore)

Industry

Exports

Annual Growth
(per cent)

% Share in Exports (2024-25)

2023-24

2024-25

A. Agriculture-related, Plantation and Allied activities

25

6

-76.0

-

B. Mining & Quarrying

-

-

-

-

C. Manufacturing

51,920

54,214

4.4

48.9

Food Products

102

37

-63.7

-

Beverages and Tobacco products

-

-

-

-

Textiles

123

125

1.6

0.1

Wearing Apparel

-

-

-

-

Leather & related products

180

183

1.7

0.2

Wood & products of wood and cork, except furniture

-

-

-

-

Printing and reproduction of recorded media

-

-

-

-

Coke and refined petroleum products

210

349

66.2

0.3

Chemicals and chemical products

2,222

2,230

0.4

2.0

Pharmaceuticals, medicinal chemical and botanical products

475

732

54.1

0.7

Rubber and plastics products

340

315

-7.4

0.3

Other Non-metallic mineral products

11

10

-9.1

-

Manufacture of basic metals

3

4

33.3

-

Fabricated metal products; except machinery and equipment

182

212

16.5

0.2

Computer, electronic and optical products

108

37

-65.7

-

Electrical equipment

3,776

3,996

5.8

3.6

Machinery and equipment not elsewhere classified

2,665

2,562

-3.9

2.3

Motor vehicles, trailers and semi-trailers

28,896

30,709

6.3

27.7

Other transport equipment

1,529

2,238

46.4

2.0

Other manufacturing

11,098

10,475

-5.6

9.5

D. Electricity, gas, steam and air conditioning supply

42

30

-28.6

-

E. Water supply; sewerage, waste management and remediation activities

1

-

-

-

F. Construction

26,319

40,970

55.7

37.0

G. Services

13,900

15,673

12.8

14.1

Wholesale and retail trade; repair of motor vehicles and motorcycles

992

1,255

26.5

1.1

Repair and installation of machinery and equipment

60

33

-45.0

-

Accommodation and Food service activities

-

-

-

-

Information and communication

11,684

13,445

15.1

12.1

Financial and insurance activities

-

-

-

-

Real estate activities

-

-

-

-

Scientific research and development

3

4

33.3

-

Other service activities

1,163

936

-19.5

0.9

Total

92,207

1,10,893

20.3

100.0

 

Table 11: Industry-wise Imports of FTC Companies

(amount in Rs, crore)

Industry

Imports

Annual Growth
(per cent)

Share in Imports
(2024-25)

2023-24

2024-25

A. Agriculture-related, Plantation and Allied activities

-

3

-

-

B. Mining & Quarrying

-

-

-

-

C. Manufacturing

93,847

95,802

2.1

82.3

Food Products

2

2

-

-

Beverages and Tobacco products

-

-

-

-

Textiles

30

30

-

-

Wearing Apparel

-

-

-

-

Leather & related products

50

67

34.0

0.1

Wood & products of wood and cork, except furniture

-

-

-

-

Printing and reproduction of recorded media

-

-

-

-

Coke and refined petroleum products

787

834

6.0

0.7

Chemicals and chemical products

4,637

4,643

0.1

4.0

Pharmaceuticals, medicinal chemical and botanical products

543

865

59.3

0.7

Rubber and plastics products

362

403

11.3

0.4

Other Non-metallic mineral products

600

630

5.0

0.5

Manufacture of basic metals

14

20

42.9

-

Fabricated metal products; except machinery and equipment

100

189

89.0

0.2

Computer, electronic and optical products

260

88

-66.2

0.1

Electrical equipment

7,116

8,301

16.7

7.1

Machinery and equipment not elsewhere classified

4,723

5,429

14.9

4.7

Motor vehicles, trailers and semi-trailers

24,308

22,618

-7.0

19.4

Other transport equipment

1,552

1,784

14.9

1.5

Other manufacturing

48,763

49,899

2.3

42.9

D. Electricity, gas, steam and air conditioning supply

11

13

18.2

-

E. Water supply; sewerage, waste management and remediation activities

-

-

-

-

F. Construction

6,553

8,963

36.8

7.7

G. Services

10,867

11,651

7.2

10.0

Wholesale and retail trade; repair of motor vehicles and motorcycles

1,094

1,277

16.7

1.1

Repair and installation of machinery and equipment

467

458

-1.9

0.4

Accommodation and Food service activities

-

-

-

-

Information and communication

9,029

9,666

7.1

8.3

Financial and insurance activities

-

-

-

-

Real estate activities

-

-

-

-

Scientific research and development

4

5

25.0

-

Other service activities

273

245

-10.3

0.2

Total

1,11,278

1,16,432

4.6

100.0

 

Table 12: Profitability Ratio of FTC Companies

Survey Round

Year

Gross Profit to Capital ratio (per cent)

Financial Year

Survey Average

Ninth round (244)

2010-11

9.8

10.0

2011-12

10.1

Tenth Round (303)

2012-13

17.0

14.8

2013-14

12.6

Eleventh Round (306)

2014-15

17.3

17.9

2015-16

18.5

Twelfth Round (334)

2016-17

14.6

16.0

2017-18

17.4

Thirteenth Round (481)

2019-20

14.6

11.5

2020-21

8.4

Fourteenth Round (356)

2021-22

10.5

10.5

2022-23

10.4

Fifteenth Round (255)

2023-24

14.2

14.4

2024-25

14.5

Note: Figures in parentheses indicate the number of reporting FTC companies.


1 The results of the fourteenth round of the Survey on Foreign Collaboration in Indian Industry for the period 2021-2023 were released on the RBI website on October 31, 2023.