IDEAS home Printed from https://ideas.repec.org/a/jct/journl/v10y2015i1p102-113.html
   My bibliography  Save this article

Change in Scenario of Foreign Investment in India (From 20th to 21st Century)

Author

Listed:
  • Dr. Shyam Kumar Ghai

    (Department of Commerce, N. A. S. College, Meerut)

Abstract

The broad thrust of the new policies is not very different from the changes being implemented in other developing countries and also all over the erstwhile socialist world. They aim at reducing the extent of Government controls over various aspects of the domestic economy, increasing the role of the private sector, redirecting scarce public sector resources to areas where the private sector is unlikely to enter, and opening up the economy to trade and foreign investment. So far as other modes of investment in India are concerned, these are equally imperative in order to understand various strategies / steps taken towards path of success achievement by India. Thus, the knowledge of these other important aspects, especially various rules & regulations framed along with FDI, becomes imperative in order to get better picture of economic reforms. Ultimately, the combined efforts of DI & PI produced an increasing trend of Rs. 14,808 crore per annum. After initial negative results for five years, it is expected to touch Rs. 436,458 crore by 2024-25, which is a good sign. Thus, the present paper depicts that the World is looking towards India inspite of all ups and downs (the second largest populated country) as secure and fruitful investment avenue. Things would definitely take better shape, if potholes in the path of progress are timely taken care of.

Suggested Citation

  • Dr. Shyam Kumar Ghai, 2015. "Change in Scenario of Foreign Investment in India (From 20th to 21st Century)," Journal of Commerce and Trade, Society for Advanced Management Studies, vol. 10(1), pages 102-113, April.
  • Handle: RePEc:jct:journl:v:10:y:2015:i:1:p:102-113
    as

    Download full text from publisher

    File URL: https://www.jctindia.org/index.php/jct/article/view/a15-skg
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Minquan Liu & Luodan Xu & Liu Liu, 2004. "Wage-related labour standards and FDI in China: some survey findings from Guangdong province," Pacific Economic Review, Wiley Blackwell, vol. 9(3), pages 225-243, October.
    2. Kulwindar Singh, 2005. "Foreign Direct Investment in India: A Critical Analysis of FDI from 1991-2005," Development and Comp Systems 0511013, University Library of Munich, Germany.
    3. Klaus Meyer, 2005. "Foreign Direct Investment in Emerging Economies," Papers Presented at Global Meetings of the Emerging Markets Forum 2005fdiee, Emerging Markets Forum.
    4. Ramirez, Miguel D., 2006. "Is foreign direct investment beneficial for Mexico? An empirical analysis, 1960-2001," World Development, Elsevier, vol. 34(5), pages 802-817, May.
    5. Kumar, Nagesh, 1995. "Industrialization, Liberalization and Two Way Flows of Foreign Direct Investment: The Case of India," UNU-INTECH Discussion Paper Series 1995-04, United Nations University - INTECH.
    6. Vani Archana & N. C. Nayak & P. Basu, 2007. "Foreign Direct Investment in India: Emerging Horizon," Indian Economic Review, Department of Economics, Delhi School of Economics, vol. 42(2), pages 225-266, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Asadullah, M. Niaz & Xiao, Saizi, 2020. "The changing pattern of wage returns to education in post-reform China," Structural Change and Economic Dynamics, Elsevier, vol. 53(C), pages 137-148.
    2. Svilena MIHAYLOVA, 2015. "Foreign direct investment and income inequality in Central and Eastern Europe," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(2(603), S), pages 23-42, Summer.
    3. Krishna Chaitanya, & Emilia Vazquez Rozas, 2008. "Are Emerging Economies Fdi Inflows Cointegrated With Fdi Inflows Of China? ??? An Empirical Investigation," William Davidson Institute Working Papers Series wp904, William Davidson Institute at the University of Michigan.
    4. Dinuk Jayasuriya, 2011. "Improvements in the World Bank's Ease of Doing Business Rankings: Do they translate into greater foreign direct investment inflows?," Development Policy Centre Discussion Papers 1108, Development Policy Centre, Crawford School of Public Policy, The Australian National University.
    5. Hiep Ngoc Luu, 2016. "Greenfield investments, cross-border M&As, and economic growth in emerging countries," Economics and Business Letters, Oviedo University Press, vol. 5(3), pages 87-94.
    6. Miguel Ramirez & Zsófia Kőműves, 2014. "Economic Infrastructure, Private Capital Formation, and FDI Inflows to Hungary: A Unit Root and Cointegration Analysis with Structural Breaks," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 42(4), pages 367-382, December.
    7. Silvio Traverso & Guido Bonatti, 2015. "Education and FDI: An Insight from US Outflows," Journal of Social Economics, Research Academy of Social Sciences, vol. 2(3), pages 101-116.
    8. Dreher, Axel & Nunnenkamp, Peter & Vadlamannati, Krishna Chaitanya, 2013. "The Role of Country-of-Origin Characteristics for Foreign Direct Investment and Technical Cooperation in Post-Reform India," World Development, Elsevier, vol. 44(C), pages 88-109.
    9. Solarin, Sakiru Adebola & Shahbaz, Muhammad, 2015. "Natural gas consumption and economic growth: The role of foreign direct investment, capital formation and trade openness in Malaysia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 42(C), pages 835-845.
    10. Aneta Bobeni? Hinto?ová, 2019. "Does inward foreign direct investment influence macroeconomic performance? A case of Slovakia," Proceedings of International Academic Conferences 9811998, International Institute of Social and Economic Sciences.
    11. Kumar, Nagesh, 1995. "Changing Character of Foreign Direct Investment from Developing Countries: Case Studies from Asia," UNU-INTECH Discussion Paper Series 1995-16, United Nations University - INTECH.
    12. Alfonso Mendoza-Velázquez & Alejandro Rondero-Garcia & Luis David Conde-Cortés, 2021. "Foreign Direct Investment and Employment Growth in the States of Mexico: Competitiveness and Social Progress," International Regional Science Review, , vol. 44(6), pages 709-730, November.
    13. Arun Natarajan Hariharan & Arindam Biswas, 2021. "A temporal review of global recognition of India's knowledge‐based industry through an institutional viewpoint," Regional Science Policy & Practice, Wiley Blackwell, vol. 13(3), pages 759-776, June.
    14. Wang, Yong, 2013. "Fiscal decentralization, endogenous policies, and foreign direct investment: Theory and evidence from China and India," Journal of Development Economics, Elsevier, vol. 103(C), pages 107-123.
    15. Matilde Cardoso & Pedro Cunha Neves & Oscar Afonso & Elena Sochirca, 2021. "The effects of offshoring on wages: a meta-analysis," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 157(1), pages 149-179, February.
    16. Kyle A. Johnston & Miguel D. Ramirez, 2015. "Foreign Direct Investment and Economic Growth in Cote D¡¯Ivoire: A Time Series Analysis," Business and Economic Research, Macrothink Institute, vol. 5(2), pages 35-47, December.
    17. Pankaj Kumar Gupta & Shallu Singh, 2018. "Corporate Governance Structures in Transition Economies - Issues and Concerns for India," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 66(6), pages 1459-1467.
    18. Rene Cabral Torres, 2012. "Capital and Labor Mobility and the Size of Sub-national Governments: Evidence from a Panel of Mexican States," CID Working Papers 231, Center for International Development at Harvard University.
    19. David Mayer Foulkes., 2007. "Subdesarrollo y globalización," Ensayos Revista de Economia, Universidad Autonoma de Nuevo Leon, Facultad de Economia, vol. 0(1), pages 155-192, May.
    20. Suat TEKER & Hayri TUZLA & Aynur PALA, 2014. "Foreign Direct Investments: Asian and European Transition Economies," International Journal of Economics and Financial Issues, Econjournals, vol. 4(1), pages 71-82.

    More about this item

    Keywords

    Economic Policies; foreign investment; Economic Reforms; Financial Stability; Flow of Foreign Investment;
    All these keywords.

    JEL classification:

    • F65 - International Economics - - Economic Impacts of Globalization - - - Finance
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jct:journl:v:10:y:2015:i:1:p:102-113. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Himanshu Agarwal (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.