ACADEMICIA: An International Multidisciplinary Research Journal
  • Year: 2012
  • Volume: 2
  • Issue: 2

Recent trends of FDI in India

  • Author:
  • Rajesh Garg, Ashok Kumar, Ramesh Singla
  • Total Page Count: 9
  • Page Number: 66 to 74

*Assistant Professor, Department of Management, Haryana College of Technology & Management, Kaithal-136027, Haryana, India

**Assistant Professor, Department of Economics, R.K.S.D. (P.G.) College, Kaithal, Haryana, India

***Assistant Professor, Department of Economics, Arya (P.G.) College, Panipat, Haryana, India

Online published on 21 September, 2017.

Abstract

‘FDI’ means investment by non-resident entity/person resident outside India in the capital of the Indian company under Schedule 1 of FEM (Transfer or Issue of Security by a Person Resident Outside India) Regulations 2000. Foreign direct investment (FDI) or foreign investment refers to the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investors. The Economy of India is the tenth largest in the world by nominal GDP and the fourth largest by purchasing power parity (PPP). The country's per capita GDP (PPP) is $3,339 (IMF, 129th) in 2010.

Keywords

FDI- Foreign Direct Investment, RBI- Reserve Bank of India