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International Journal of Trade & Commerce-IIARTC
Impact Factor (IF):5.135 (COSMOS), IF:7.249 (ISRA), IF:3.721 (ISI)
ISSN:2277-5811 (P), ISSN:2278-9065 (O)
Frequency: Half Yearly
An Empirical Analysis of the effect of Foreign Direct Investment (FDI) on India’s Economic Growth (GDP)
Author:Hargun Sahnia*, Punit Kumar Kanujiya
Abstract:
Inflows of foreign direct investment (FDI) are frequently viewed as a primary engine of economic growth in emerging nations. This analysis uses time series data from 2000 to 2022 to look into how FDI has affected India's economic growth. In order to determine the country-specific FDI inflows of such investments in the nation, this article will examine the trends of FDI inflows in India. The secondary data used in this study was compiled from a wide range of reliable sources. The data was analyzed using a correlation matrix and simple linear regression methods. The study's conclusions show that FDI significantly and favorably affects India's economic growth.
Keywords: Impact, FDI, Economic Growth, GDP.
DOI:
International Journal of Trade & Commerce (Vol: 11 Issue:2)
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