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The article aims to analyze the trend of foreign direct investment (FDI) from 1991 to 2023 and the indirect relationship between FDI and economic growth in India. Secondary data gathered from the RBI Database, Ministry of Commerce and Industry's Department of Industrial Policy and Promotion, served as the study's foundation. Globalization brings about major changes to the earth and the introduction of new things. Consequently, foreign direct investment (FDI), which currently takes several forms, is one of them. Most people agree that foreign direct investment (FDI) is a form of long-term, worldwide capital movement that is made for productive reasons and has managerial control as a goal. A direct enterprise is an incorporated or unincorporated enterprise in which a single foreign investor either owns 10% or more of the ordinary shares or voting power of an enterprise, or owns less than 10% of the ordinary shares or voting power of an enterprise, but still maintains an effective voice in the management," as defined by the OECD (OECD, 1996). Nearly every country is actively seeking to attract foreign direct investment because of the expected benefits to revenue generation from capital inflows, advanced technology, management capabilities, and market knowledge (Cho, 2003). Additionally, it takes time for foreign direct investment to make a substantial contribution to the expansion of an economy.
"An Econometric Analysis Of The Study On Foreign Direct Investment And Its Impact On Indian Economy", International Journal for Research Trends and Innovation (www.ijrti.org), ISSN:2455-2631, Vol.10, Issue 9, page no.b338-b347, September-2025, Available :http://www.ijrti.org/papers/IJRTI2509144.pdf
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2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator