Foreign Direct Investment in India: A Critical Analysis of FDI from 1991-2005

Abstract

The Concept of Foreign Direct Investment is now a part of India's economic future but the term remains vague to many, despite the profound effects on the economy. Despite the extensive studies on FDI, there has been little illumination forthcoming and it remains a contentious topic. The paper explores the uneven beginnings of FDI, in India and examines the developments (economic and political) relating to the trends in two sectors: Industry and Infrastructure and sub sector Telecom, to illustrate that.

Keywords: FDI and India, FDI sector analysis, evolution of FDI in India, India FDI, investment in India

JEL Classification: F39,H11,H42,H54,H55,H73,L16,Q23,Q38,Q41,Q53,P16,L5