FDI Inflows Impact On the Selected Sectors Investments in India – A Study
Abstract
The foreign direct investments are acting economic booster to any country economy. The make in India had fueled the growth of the Indian FDI after 2014. In the present study FDI inflows were considered the three sector investments from the year of 2006-07 to 2021-22. The weighted ranking indicated the service sector had attracted the highest investments. The ardl methodology has been applied to know the long run and short run association and the result states that the gdp is having the long and short run association exists but Rs. Vs. Dollar is having the short run association with the FDI flows. The VAR Model has been applied to predict the future movement and result reveals that service sectors investments are expected to go up but the Telecom and Drug and Pharmaceutical sector investments will be expected to go down. This paper is useful to the various govt. Agencies, exporters & Importers and academic research scholars.
Keywords
Drug and Pharmaceutical sector, FDI Inflows, Service sector, Telecommunications sector.