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Role of Foreign Direct Investment and Economic Growth in India

Issue Abstract

Abstract 
Over the past 20 years, foreign direct investment (FDI) has been essential to the globalization process. Multinational corporations' substantial increase in foreign direct investment (FDI) in the mid-1980s can be ascribed to a number of factors, including notable technological breakthroughs, increased trade and investment policy
liberalization, and the deregulation and privatization of markets in a number of nations, including developing nations like India. Foreign direct investment (FDI) is a reliable avenue via which developing nations may expedite their growth during the current period of turbulent global capital flows. It is crucial to a nation's long-term growth not just as a source of money but also for boosting domestic economic competitiveness through infrastructure development, technology transfer, productivity increases, and the creation of new job possibilities. They have a significant impact on the GDP, employment creation, infrastructure improvements, export and trade performance, and GDP growth. This article aims to investigate the diverse range of factors that impact foreign direct investment (FDI) and India's economic growth. This research study's primary goal is to look into how FDI affected India's economic development between 2014 and 2018.
Keywords:  Investments, Economy, Infrastructure and Investments.
 


Author Information
Dr. L. Sivaramakrishnan
Issue No
1
Volume No
3
Issue Publish Date
05 Jan 2023
Issue Pages
16-20

Issue References

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