Foreign direct investment fails to boost economic development in Indian states.
Foreign direct investment (FDI) is thought to help improve a country's economy by boosting competitiveness and skills. A study looked at how FDI affects the development of different states in India. They found that FDI didn't significantly increase economic development in most states, except for a few. This could be because most FDI is in existing businesses and goes to states with better infrastructure and skilled workers.