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Volume : III, Issue : IV, May - 2013 FOREIGN DIRECT INVESTMENT IN INDIA: AN ANALYSIS SADASHIV S. MULEY Published By : Laxmi Book Publication Abstract : Foreign direct investments have been playing an important role in Indian
economic development. India has to take decision to globalise its economy in 1991. The
globalisation of world economy helps to transfer the flow of surpluses from the
developed to developing countries. The policy of government of India on FDI since 1991
has been aimed at encouraging foreign investment. The study reveals that total FDI
proposals approved since 1991 till 2002 amounted to Rs. 2,90,854 crores and actual
flows of FDI has amounted Rs. 1,51,124 crores during 1991 to 2003. The study show
that FDI flows in to Indian is increased from $6051 million in 2004-05 to $35180 million
in 2008-09.
On the 14 September 2012 the government of India has announced reforms in
Indian FDI policy. Union Cabinet approves the FDI limit in multi brand retail of 51
percent and single brand retail is permitted upto 100 percent. The new reform should be
very beneficial for Indian industries and agricultural sectors and other sectors & for
development of infrastructure facility in our country. FDI should also very beneficial for
increases new job opportunity and for increases sales and profit of Indian industries. Keywords : Article : Cite This Article : SADASHIV S. MULEY, (2013). FOREIGN DIRECT INVESTMENT IN INDIA: AN ANALYSIS. Indian Streams Research Journal, Vol. III, Issue. IV, http://oldisrj.lbp.world/UploadedData/2399.pdf References : - Datta & Mahajan, 'Datt & Sundharam Indian Economy', S. Chand & Com. Ltd., New Delhi - 110055, 62nd revised edition, 2011, P. No. 350.
- V. K. Bhalla, S. Shiva Ramu, 'International Business Environment and Management', Anmol publica tions Pvt. Ltd., New Delhi - 110002, 4th edition, 2000, P. No. 513.
- Chronicle - monthly, 2013, Prelims Value Addition 2, P. No. 78.
- R. Gupta, 'FDI in Indian Retail Sector: Analysis of Completion in Agri-food sector', Online PDF.
- Indian Journal of Commerce, Vol-60, No. 4, Oct. 2007, P. No. 74
- http//www.freshplaza.com.
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