Amplification of Foreign Direct Investment in India-An Indicative Evaluation

“FDI is a responsibility for Indians & an opportunity for the world. My definition of FDI for the people of India is ‘FIRST DEVELOP INDIA’ ”-Narendra Modi

India is the largest democracy and is fourth largest economy in terms of purchasing power parity in the world. India with its consistent growth performance and abundant high-skilled manpower provides enormous opportunity for investment, both domestic and foreign Investment in India and it can be made by both non-resident as well as resident Indian entities. Any non-resident investing in an Indian company is FDI. FDI is an investment made by a company or entity based in one country into a company or entity based in another country. FDI has helped the Indian economy grow and the government continues to encourage more investments of this sort. Attracting FDI has become an integral part of the economic development strategies for India. The study intends to examine the growth of FDI since 2000 with a view to understand the prospects for inflow in future.