• Dr.K.Kamalakkannan, M.Com, M.Phil. MBA, M.A, B.Lisc, Ph.D.

Abstract: Foreign direct investment (FDI) in India is the major monetary source for economic development in India. Foreign companies invest directly in fast growing private Indian businesses to take benefits of cheaper wages and changing business environment of India. Economic liberalisation started in India in wake of the 1991 economic crisis and since then FDI has steadily increased in India. It were Manmohan Singh and P. V. Narasimha Rao who brought FDI in India, which subsequently generated more than one crore jobs. According to the Financial Times, in 2015 India overtook China and the US as the top destination for the Foreign Direct Investment. 2016 -2017 In first half of the 2015, India attracted investment of $31 billion compared to $28 billion and $27 billion of China and the US respectively.Foreign Direct Investment is one and only major instrument of attracting International Economic Integration in any economy. It serves as a link between investment and saving. Many developing countries like India, are facing the deficit of savings. This problem can be solved with the help of Foreign Direct Investment. Foreign investment helps in reducing the defect of BOP. The flow of foreign investment is a profit making industry like insurance, real estate and business services and serving as a catalyst for the growth of economy in India. The present study is based on the objectives like (a) to know the requirement of amount of foreign investment by India, for its economic Development and (b) to analyse the trend and role of FDI & FIIs in improving the quality and availability of goods has been beyond doubt. To analyse all these objectives data has been gathered through secondary sources like reports and publication of Govt, DIPP and RBI relating to foreign Investment, Ministry of Finance, Trading Economics.com, and Ministry of Statistics (MOSP). After analysing all the facts it may be concluded that maximum global foreign investment’s flows are attracted by the developed countries rather than developing and under developing countries.

Key Words: - Foreign Direct Investment in India, FDI in India Outlook 2018, FDI Advantages, FDI Sector Wise, Balance of Payment, FDI Annual Growth Rate, FDI Indian Economic Development and Growth Rate.

"Recent Trend in Foreign Direct Investment in India in Indian Economy-Overview", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 2, page no.1247-1251, March-2018, Available :http://www.jetir.org/papers/JETIR1802226.pdf

"Recent Trend in Foreign Direct Investment in India in Indian Economy-Overview", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 2, page no. pp1247-1251, March-2018, Available at : http://www.jetir.org/papers/JETIR1802226.pdf