Study of Foreign Direct Investment and Its Impact on Indian Economy

Authors

  • Priyanka Singh

Abstract

The foreign Direct funding includes the transfer of capital, strengthen generation, and goods & services, come from evolved kingdom to the developing for enhancing residing preferred, gaining new technology, offering employment possibility, growing gross home product, organising new flora and elevating foreign reserve and so on. therefore, is beneficial investment for attaining appropriate growth. Therefore, the Government of India had granted the permission to foreign investors for starting their business & setting-up plants and allowed 100% Foreign Direct Investment for Automobile Sector in the year 1991. Since, time, it has been resulted, India ranks second in two-wheeler, third in three-wheeler and enjoy abundant capital goods, brilliant engineering talent, low over all cost, political stability, legal and accounting frame-work etc.

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Published

2020-05-17

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Section

Articles