• Dr. Neelam Saini

Foreign Direct Investment (FDI) plays a vital role in a country's economic growth. There are several factors including trade openness, inflation rate, economic stability, investment policies, regulations, exchange rate, foreign reserves and political stability that influence FDI. The inflow of capital from foreign investors helps to strengthen the country's infrastructure, boost productivity, and create jobs. FDI also serves as a platform to acquire cutting-edge technology and access foreign exchange. With foreign exchange reserves, the Reserve Bank of India can intervene in the exchange rate market and control adverse movements to stabilise the exchange rate. Thus, FDI not only provides access to limited resources like fossil fuel and precious metals but also skilled labour, management skills and cutting-edge technologies. It also allows an organisation to reduce its cost of production by accessing cheaper resources or directly sourcing raw materials instead of buying them from third-party suppliers.

FDI, Economic Development FDI, Indian Economy, Foreign Investments, Environmental Pollution, GDP, etc

"FOREIGN DIRECT INVESTMENT A SIGNIFICANT FACTOR FOR INDIA'S ECONOMIC GROWTH", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 5, page no.p705-p711, May-2023, Available :http://www.jetir.org/papers/JETIR2305G90.pdf

"FOREIGN DIRECT INVESTMENT A SIGNIFICANT FACTOR FOR INDIA'S ECONOMIC GROWTH", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 5, page no. ppp705-p711, May-2023, Available at : http://www.jetir.org/papers/JETIR2305G90.pdf