Vol. 7, Issue 11, Part C (2021)
Role of foreign direct investment (FDI) in economic development of India
Role of foreign direct investment (FDI) in economic development of India
Author(s)
Dr. Seema Tripathi
Abstract
FDI is vital for India's economic growth since it helps to connect the country's numerous economies by investing money in sectors such as manufacturing, infrastructure, transportation, technology, productivity, and hospitality, among others. Foreign money is viewed as a way to bridge the gap between local savings and investment. The fact that India has attracted unprecedented amounts of foreign investment is a source of national pride. India has the ideal blend of openness and chance in terms of market size, investment reform, and economic growth rates. India, on the other hand, appears to be facing a slew of barriers and hurdles in terms of entirely opening its markets to all investors. Political instability, infrastructure, tax policies, corruption, governmental laws, and so on are some of the significant problems in the field of FDI. The focus of this article is on India's FDI patterns. And foreign investment patterns in India.
How to cite this article:
Dr. Seema Tripathi. Role of foreign direct investment (FDI) in economic development of India. Int J Appl Res 2021;7(11):193-199.