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)
The role of foreign direct investment in economic growth is multidimensional and well-recognized in both developing and developed countries. FDI plays a vital role in facilitating the integration of global value chain across countries. However, the flows of FDI are not automatic, it is subject to many factors, including regulatory policy, investment environment, competitiveness, market size and political stability in the host country. FDI is now widely perceived as an important resource of expediting the industrial development of developing countries in view of the fact that it flows a bundle of capital, technology, skills and some-time even market access. India, therefore, offer a welcoming attitude to MNEs that are usually associated with FDI. India liberalized her FDI policy regime since 1991. This liberalization has been accompanied by rising inflows. The liberalization has also been accompanied by changes in the sectoral composition, sources and entry modes of FDI. This paper is devoted to study the trends and pattern of FDI inflows in India from 1991 to 2022. The data are collected from secondary sources from various Government bodies (websites) like DPIIT, RBI and various issues of Economic Survey of India. This paper showed that there has been sizeable increase in the amount of FDI inflow in India. The share of equity inflow is increasing in recent decades while the share of acquisition of shares and reinvested earning are declining. The services sector has dominant share in FDI inflows while the manufacturing sector has received not even one-third of total FDI inflows in India.
Keywords:
FDI, DPIIT, RBI, FIPB/Government approval route, automatic route, equity inflows, acquisitions of shares, service sector, manufacturing.
Cite Article:
"Trends and Pattern of Foreign Direct Investment in India Since 1991", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 6, page no.g311-g338, June-2023, Available :http://www.ijnrd.org/papers/IJNRD2306635.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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