Paper Title
FDI AND SUSTAINABLE ECONOMIC GROWTH: TRENDS IN INDIA (1991–2023)
Article Identifiers
Registration ID: IJNRD_307164
Published ID: IJNRD2505427
: https://doi.org/10.56975/ijnrd.v10i5.307164
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Keywords
Foreign Direct Investment (FDI), Sustainable Economic Growth, GDP, Trade, GNI,
Abstract
This study explores the long-term relationship between Foreign Direct Investment (FDI) and key macroeconomic indicators in India from 1991 to 2023, a period marked by structural reforms and progressive liberalization. Using secondary data and descriptive statistical methods, the research examines how FDI inflows have influenced GDP growth, income per capita, gross national income, trade performance, gross domestic savings, and foreign exchange reserves. The results reveal a consistent upward trend in all indicators alongside rising FDI inflows, with strong Compound Annual Growth Rates (CAGR) and high correlation coefficients—most notably with GDP per capita, savings, and exports. The findings suggest that FDI has not only supported quantitative economic expansion but has also contributed to structural transformation, productivity enhancement, and financial resilience. However, the benefits have not been uniformly distributed, raising questions about inclusivity and regional equity. The study highlights the need for targeted policies to diversify FDI flows, promote green investment, and ensure alignment with sustainable development goals. These insights offer valuable direction for policymakers aiming to optimize the long-term developmental impact of foreign capital in India.
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How To Cite (APA)
Aditi Shreya & Prof. (Dr.) Anwar Khurshid Khan (May-2025). FDI AND SUSTAINABLE ECONOMIC GROWTH: TRENDS IN INDIA (1991–2023). INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 10(5), e316-e323. https://doi.org/10.56975/ijnrd.v10i5.307164
Issue
Volume 10 Issue 5, May-2025
Pages : e316-e323
Other Publication Details
Paper Reg. ID: IJNRD_307164
Published Paper Id: IJNRD2505427
Research Area: Commerce All
Author Type: Indian Author
Country: gaya , BIHAR, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2505427.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2505427
Crossref DOI: https://doi.org/10.56975/ijnrd.v10i5.307164
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