A Study on Growth of Foreign Direct Investments (FDI) Inflows in India and Impacts of Make in India Campaign-An Overview

Abstract

Objective and Research Methodology of the study: This present research aim to examine the financial year-wise total FDI inflows, share of 10 top investing countries wise and sectors wise, RBI’s regional offices wise received FDI inflows from April 2000 to June 2018. It also observes impacts of “Make in India Campaign” in FDI inflows in India. In this study used both descriptive and inferential statistical tools such as correlation test, paired t test, percentage analysis and tables, are used for analysis, hypothesis testing and interpretation of data. FDI inflows in India from April 2000 to June 2018 are taken for the study. This study used various secondary data. Major findings of the study This research study found that the before implementing make India campaign total 141 countries FDI inflows in India after introducing this major initiatives brings into 16 new entrant FDI inflows into India. It is also concluded that the after implementing make in India campaign investing countries in total FDI inflows are increased (10,30,146) (49%) in Rs. Crores and (1,57,530) in US$ Million (42% ).Sectors attracting highest FDI Equity inflows results indicated that 10,30,254(48%) in Rs. Crores and 1,57,546(40%) in US$ Million during the post make in India campaign October 2014 to June 2018. Conclusion: This research study concluded that India has implementing successfully various major corporate and legal reforms in introduction of new the Limited Liability Partnership Act, 2008, Companies Act 2013, Make in India campaign 2014, The Insolvency and Bankruptcy Code, 2016 and Goods and services Tax Act 2017 in the recent years. As per Word Bank Group flagship ease doing business reports shows that the in the year 2015 in 142nd rank followed by 2016 in 130th rank, 2017 in 130th rank, 2018 in 100th rank and ending with in the year 2019 in 77th rank of the 190 countries in the world. It shows positive impact on improving the business climate in registration to winding of companies and increasing FDI inflows in India acknowledged by foreign investors. Keywords: FDI, Make in India, DIPP, FII, Investment.