INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
Foreign direct investment (FDI) is the term used to describe inflows of capital used to make investment or expand the productive capacity of an economy. Growth in the economy and foreign direct investment (FDI) have long garnered significant focus in the context of global expansion. In this age of erratic global capital flows, the stability of foreign direct investment seems to be an efficient means to faster expansion for developing nations. FDI is viewed in India as an innovative developmental strategy that promotes economic growth across the board and helps various sectors become self-sufficient. After opening up and globalizing its economy to other countries in 1991, India saw a sharp increase in the flow of FDI. Foreign direct investment (FDI) is widely regarded as a major engine of economic growth in emerging countries like India. FDI promotes economic growth includes promoting domestic investment, increasing the amount of human capital in the world, and permitting the transfer of knowledge among the host countries. Whose FDI improves the nation's financial stability is the subject of this study.
Keywords:
Foreign direct investment (FDI), growth of the Indian economy, Increasing a country's capital is one of FDI's most important benefits
Cite Article:
"ROLE OF FOREIGN DIRECT INVESTMENT IN ECONOMIC DEVELOPMENT OF INDIA", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 12, page no.a954-a958, December-2023, Available :http://www.ijnrd.org/papers/IJNRD2312114.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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