1Head, Department of Marketing, Umm AI Qura University, Makka, KSA
2Lecturer, Department of Business Administration, Umm-AI Qura University, Makka, KSA
Online published on 18 April, 2014.
India is widely recognized as an emerging global economic power. The Decade of 80 ‘s emerged as a beginning of the high rate of economic growth, this tendency had continued in the nineties and further growth stimulus has occurred in the early 21st century. Developing countries like India need substantial foreign inflows to achieve the required investment to accelerate economic growth and development. India is the third largest economy in the world in PPP terms; it is a preferred destination for foreign direct investment. India's liberalized FDI policy permits up to a 100% FDI Stake in ventures. Number of changes was approved on FDI policy to remove the cap in most of the sectors like civil aviation, construction development mining etc. In this paper, we examine the various links among foreign direct investment (FDI), Sectoral analysis and economic growth and one-way FDJ flows from developed to developing countries. The upward moving growth curve of different sectors contributes to the GDP growth over the pastfew decades. Today's India provides highest returns on FDI than any other country in the world.
Foreign Direct Investment, FDI Policy, Sedoral Analysis, Restricted Sectors for FDI
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