E3S Web of Conferences (Jan 2023)

Impact of foreign direct investment in Indian economic growth

  • Sudhakar P.,
  • Velmurugan R.

DOI
https://doi.org/10.1051/e3sconf/202344902003
Journal volume & issue
Vol. 449
p. 02003

Abstract

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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.