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Volume : II, Issue : VIII, September - 2012 Foreign Direct Investment In India Rajendra N.Shendge Published By : Laxmi Book Publication Abstract : The role of FDI in the upgradation of technology, skills and managerial
capabilities is now well accepted. Additional investments over and above the
investments possible with the available domestic resources help in providing much
needed employment opportunities. Government has put in place a liberal and investorfriendly
policy for FDI under which FDI up to 100% is permitted under the automatic
route in most activities/ sectors. The policy on FDI is reviewed on an ongoing basis.
Initiatives in policy liberalization during the past two years include enhancement of FDI
cap in domestic airlines, telecom services, permitting FDI in FM Radio broadcating and
other procedural simplification measures.
The Government of India has recently undertaken a comprehensive review of
the FDI policy and associated procedures. As a result, a number of rationalisation
measures have been undertaken which, inter alia include, dispensing with the need of
multiple approvals from Government and/or regulatory agencies that exist in certain
sectors, extending the automatic route to more sectors, and allowing FDI in new sectors.
The abbreviation for Foreign Direct Investment this is the acquisition of controlling
interest in foreign firms and businesses from one country to another country. FDI can
also take in the form of constructing factories, structures and equipments (or any form of
physical capital) in foreign soil. Foreign Direct Investment (FDI) is a means to
supplement domestic investments and bridge the investment-savings gap. Keywords : Article : Cite This Article : Rajendra N.Shendge, (2012). Foreign Direct Investment In India. Indian Streams Research Journal, Vol. II, Issue. VIII, http://oldisrj.lbp.world/UploadedData/1309.pdf References : - Pradhan.S. (2005), “Retailing Management – Text & Cases”. Tata McGraw hill Publishing Company Ltd.
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