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Study Of The Impact Of Foreign Direct Investment On Industrial Productivity.

Authors :
Mehta, Niharika
Das, Seshanwita
Source :
Turkish Online Journal of Qualitative Inquiry; 2021, Vol. 12 Issue 6, p553-564, 12p
Publication Year :
2021

Abstract

According to a recent survey, Foreign Direct Investment (FDI) in India has received a phased improvement and has impacted the industrial productivity. There was an incredible increase in FDI inflows (40 percent) from October 2014 to June 2019, particularly in the manufacturing sector. One of the dominant sectors contributing to the major Indian GDP is considered to be the industrial sector. India has been ranked fourteenth in the world's factory output. This was attributable to the introduction of an effort to encourage development divisions and to be a magnet for international investment. In the whole country, more than 56 industrial units have benefited. In recent years, industrial output has tilted to 3.1 percent between 2014 and 2019, largely because of improvement and to promote skill growth for the different sectors of the economy. This paper highlights the government's recent attempts to promote FDI in different sectors and how it has built a course. India has seen a huge growth in foreign direct investment in different sectors of the economy in the last ten years. Although the Government of India has built a route to attract FDI in different industries, this paper focuses on understanding the effect on FDI of making in India scheme. A duration of five years has been regarded for the study in this article. For data processing, statistical methods such as Karl Pearson's Coefficient Correlation and One - Way ANOVA were used. Data processing is used to study the interaction between the association between FDI and IIP. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
13096591
Volume :
12
Issue :
6
Database :
Complementary Index
Journal :
Turkish Online Journal of Qualitative Inquiry
Publication Type :
Academic Journal
Accession number :
160451061