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Position of Foreign Direct Investment in India

Author

Listed:
  • Komal Narang
  • Ravi Inder Singh

Abstract

In the era of globalization, Foreign Direct Investment (FDI) plays an important role in the development of both developing as well as underdeveloped economies. Foreign Direct Investment (FDI) provides a number of benefits like introduction of new products, new skills, easy approachable markets and modern technology to the host countries. India is playing a very important role in the encouragement of foreign and overseas investors and their investments. India is being ranked as the second most favored destination for foreign investments after China by showing a growth of 184% in the year 2006-07. This paper examines the position of FDI in India. The importance of examining the position of FDI in India at this stage is perhaps more urgent in view of the shooting up of the stock exchange index over the last one and half years.

Suggested Citation

  • Komal Narang & Ravi Inder Singh, 2008. "Position of Foreign Direct Investment in India," The IUP Journal of Financial Economics, IUP Publications, vol. 0(3), pages 84-91, September.
    • Handle: RePEc:icf:icfjfe:v:06:y:2008:i:3:p:84-91
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