Vol. 5, Issue 2, Part C (2019)

Abstract
FDI is a significant tool for the transfer of capital and technology and is considered to be a powerful factor in encouraging economic growth of the country. This research investigation highlights the impact of FDI on the economic growth of India. The study describes important characteristics which are helpful in defining the role of FDI in the economy of India. Deficiency of capital and technology, in spite of enormous amount of resources and labor, leads to dependency on other developed countries for its fulfillment. For own resource utilization we are dependent on other technologically advanced countries. The policy makers, economists, academicians and researchers believe that this issue can be sorted out with FDI. The present research study assess me the role of FDI on the growth of the Indian economy. The study utilizes data from secondary sources. GDP is selected as a gauge for the assessment of economic growth. Regression analysis and ANOVA have been used for studying the relationship between GDP and FDI.