Make in India Growth and Future Scenario of Foreign Direct Investment
FDI is the key instrument for a country to achieve a sustainable higheconomic growth. India has marked its presence as one of the fastest growing economies of the world. India is ranked among the top 3 attractive destination for inbound investment. The obstacles has been removed, now there is peace and security and the chances for FDI are maximum but the conditions are not sufficient. It needed an attractive investment climate, good governance and rule of law. FDI made its entry in India in the year 1991 1992 with the aim to bring together the intended investment, actual savings and meet the balance of payment deficit of the country. Make in India an encouraging initiative has been taken by the government of India to increase FDI in the country. The aim of the initiative is to build physical infrastructure and to create a digital network for making a tremendous impact on the investment climate of the country.
Liberalization, Make in India, Manufacturing sector, Economic development, Indian economy
Dr. Suresh Sachdeva | Mohd. Azhar-ud-din Malik