E3S Web of Conferences (Jan 2023)
Impact of foreign direct investment in Indian economic growth
Abstract
Foreign Direct Investment (FDI) has played a significant role in driving economic growth in India. FDI refers to the investment made by foreign entities, such as companies or individuals, in the domestic economy of a country. This study looks at how FDI has affected the growth of the BSE Sensex and the Indian economy. The findings of the study indicate a favourable correlation between FDI and both GDP growth and the stock market.