Surging Foreign Investment Boosts Indian Economy to New Heights
The article explores how Indian economic factors affect foreign direct investment (FDI) and economic growth in India. It looks at different aspects of FDI, such as patterns, drivers, and relations, considering factors like raw equities, stability, and human capital. FDI has become a major source of foreign funding, with a significant increase in recent years. The service sector received the highest FDI in 2014, particularly in training, accounting, infrastructure, and telecoms. While some industries like utilities and telecoms saw high FDI growth due to fewer policy restrictions, sectors like metallurgical, chemical, automotive, pharmaceutical, and tourism had lower growth despite fewer restrictions.