ROLE OF FOREIGN DIRECT INVESTMENT (FDI) IN DEVELOPMENT OF INDIAN ECONOMY

Registration ID: IJNRD_212266

Published ID: IJNRD2301387

DOI: Click Here to Get

Dr. MONU , RAHUL GARG

FDI, Indian Economy, Economic Growth, Role, Trend, Sectors

Foreign Direct Investment (FDI) refers to an investment made by a foreign entity or individual into a business or venture located in another country. It can take the form of acquiring a controlling interest in an existing company or establishing a new business entity in a foreign country. FDI is a critical component of international economic integration and development. It can bring in significant amounts of capital, technology, and expertise to a country, leading to increased economic growth, employment opportunities, and improved productivity. FDI can also stimulate innovation and competition, which can benefit domestic firms and consumers. Foreign Direct Investment (FDI) is a significant contributor to a country's economic growth. India has been an attractive destination for foreign investors. The Indian Government has implemented various policies to promote FDI in the country, and these policies have had a positive impact on the country's economic growth. However, FDI can also have negative impacts on recipient countries, such as the potential for exploitation of labor, environmental degradation, and increased income inequality. Additionally, FDI can lead to a loss of control over key industries and resources, as foreign investors may prioritize their own interests over those of the host country. To mitigate these risks, governments may implement policies and regulations to ensure transparency, protection of workers' rights, and environmental sustainability. They may also negotiate favorable terms and conditions with foreign investors to ensure that the benefits of FDI are shared with the local economy. This research paper aims to analyze the impact of FDI on economic growth in India.

Published Paper   E-Certificate

Dr. MONU & RAHUL GARG (January-2023). ROLE OF FOREIGN DIRECT INVESTMENT (FDI) IN DEVELOPMENT OF INDIAN ECONOMY. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(1), d736-d745. https://ijnrd.org/papers/IJNRD2301387.pdf

Volume 8 Issue 1, January-2023

Pages : d736-d745

Paper Reg. ID: IJNRD_212266

Published Paper Id: IJNRD2301387

Downloads: 000121981

Research Area: Engineering

Country: -, -, India

Published Paper PDF: https://ijnrd.org/papers/IJNRD2301387.pdf

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