Foreign Direct Investment and India
Introduction: The investment of one country into another country, generally by companies, which involves installing operations of acquiring assets etc. can be termed as Foreign Direct Investment (FDI). Such Investments has played an important role in the process of economic transformation of many countries. FDI can brought tremendous economic growth and development. Many countries have used FDI as a catalytic agent for stimulating economic growth and development. In India a new chapter was opened in the history of Indian economy with a step of ‘Liberalization Privatization and Globalization’, in 1991 and Indian economy was become opened for foreign investors. After the announcement of New Industrial Policy (1991) there has been an acceleration in the inflow of foreign capital in India. Foreign investors were got attracted to India after liberalization decision. . Foreign companies invest in India to ta...