A REVIEW ON FDI IN INDIAN ECONOMY

Dr. Dev Dutta Indoria

Abstract


One of he most striking developments during the last two decades is the spectacular  growth of FDI in the global economic landscape. This unprecedented growth of global FDI in 1990 around the world make FDI an important and vital component of development strategy in both developed and developing nations and policies are designed in order to stimulate inward flows.

In fact, FDI provides a win-win situation to the host and the home countries. Both countries are directly interested in viting FD, because they benefit a lot from such type investment. The ‘home countries want to take advantage of the vast markets opened by industrial growth. On the other hand the host countries want to acquire technological and managerial skills and supplement domestic savings and foreign exchange.

Moreover, the paucity of all types of resources viz. financial, capital entrepreneurship, technological know-how, skills and practices, access to markets-abroad-in their economic development, developing nations accepted FDI as a sole visible panacea for all their scarcities. Further, the integration of global financial markets paves ways to this explosive growth of FDI around the globe.


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