International Research journal of Management Science and Technology

  ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST

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A STUDY ON ROLE AND PROGRESS OF FOREIGN DIRECT INVESTMENT IN INDIAN ECONOMY

    1 Author(s):  D. RAMESH KUMAR

Vol -  9, Issue- 7 ,         Page(s) : 11 - 15  (2018 ) DOI : https://doi.org/10.32804/IRJMST

Abstract

Foreign direct investment is an investment made by one country individual or firm into another countries business. It is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. FDI is the needed capital to the developing nation like India to increase the national income. It will remove the balance of payments constraints. After introduction of make in India programme and our prime minister strong message to the world, by inviting global companies to invest in India, this has enhanced our FDI. In recent years FDI is 3 times more in last 6 years when we compare to previous 11 years as per data source from department of industrial policy and promotion. This paper exhibit the Role of FDI in Indian economy and progress in FDI investment.

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5. http://Commerce.gov.in/

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