A Study on Impact of Make in India in Indian Foreign Direct Investment

  • K Esakki Muthu Research Scholar, Department of Commerce, Manonmaniam Sundaranar University, Tirunelveli, Tamil Nadu, India
  • K Rajamannar Assistant Professor, Department of Commerce, Manonmaniam Sundaranar University, Tirunelveli, Tamil Nadu, India
Keywords: Foreign Direct Investment, Make in India, GDP

Abstract

That impact of globalization on employment can be a Central concern of current political current economic climate. For the “Make in India” promotion, the Government of India has diagnosed twenty-five precedence sectors that will be offered properly. Foreign direct investment (FDI) in India has received a the spian enhancement from instigating the Make in India scheme, as per the most recent Economic Survey. The investment climate in India has improved. Intending to attract and promote FDI, the Government of India (GoI) has put in place a policy framework on FDI, which is transparent, predictable, and easily comprehensible. India received FDI Inflow during 2014-2018 of US$ 223. Sectors such as Services, Computer software & hardware, Telecommunications, Trading, and Construction attracted the highest FDI. Most of the foreign countries like to invest in India during the 2018-19, India received the maximum FDI equity in flows from Mauritius, followed by Singapore and Japan. Total FDI investments in India during 2018-2019 are 62,001 cores, Government of India new polices to promote the FDI impact top 10 sectors services sector, Telecommunications, Computer software and hardware, Construction Development, Trading, Automobile Industry, Chemicals, Drugs & Pharmaceuticals, Construction (Infrastructure) Activities, Power. Most as of late, the all-out FDI value inflows for April 2019 contacted 36,463 crores. India During 2018-2019, India got the greatest FDI value inflows from Mauritius (Rs 57,139 crore), trailed by Singapore (112,362 crores), Netherlands (9,423 crores), USA (10,119 crores), and Japan (3, 28 4crore). This paper aims at explaining the impact of Make in Indian Foreign Direct Investment in various aspects.

Published
2020-03-01
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How to Cite
Esakki Muthu, K., & Rajamannar, K. (2020). A Study on Impact of Make in India in Indian Foreign Direct Investment. Shanlax International Journal of Economics, 8(2), 54-58. https://doi.org/10.34293/economics.v8i2.1878
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