UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 8 Issue 7
July-2021
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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JETIR2107337


Registration ID:
312400

Page Number

c534-c541

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Title

Impact of Foreign Direct Investments on Economic Growth in India

Abstract

The GDP growth rate of developing countries represents the economic strength and potential growth capacity. It helps the foreign investors to evaluate the risk percentage on their capital investment. Investors prefer to invest their capital in those countries having rising GDP growth rates with stable economic environments. Developing countries are dependent on capital investment in their economy for robust development. FDI is the most significant factor that contributes to the dynamic economic growth of the developing country. In the study, the relationship between FDI inflow and GDP growth has been tested by the correlation method and found a significant positive relationship. A simple regression method was applied to test the impact of FDI inflow on the GDP growth rate from 1970 to 2019. It found a positive effect of FDI inflow on the economic growth of the country. However, The R2 of the model expressed an immense need for FDI inflow in the economy and improvement of other factors to attract the inflow at a substantial level. The correlation between the variables indicated that the variables complement each other positively.

Key Words

FDI, economic growth, GDP growth rate, correlation, and regression.

Cite This Article

"Impact of Foreign Direct Investments on Economic Growth in India ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.8, Issue 7, page no.c534-c541, July-2021, Available :http://www.jetir.org/papers/JETIR2107337.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Impact of Foreign Direct Investments on Economic Growth in India ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 7, page no. ppc534-c541, July-2021, Available at : http://www.jetir.org/papers/JETIR2107337.pdf

Publication Details

Published Paper ID: JETIR2107337
Registration ID: 312400
Published In: Volume 8 | Issue 7 | Year July-2021
DOI (Digital Object Identifier): http://doi.one/10.1729/Journal.27670
Page No: c534-c541
Country: -, -, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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