Pattern of foreign direct investment in India since 1991

The Foreign Direct Investment (FDI) norms in India have been liberalized in a phased manner since 1991. Foreign investment is now coming into the country not only as a source of new technology, but also as a source of capital and managerial skills. Accordingly actual inflow of FDI in India has incre...

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Main Authors: Gill M.S., Sawhney Upinder, Singh Yadvinder
Format: Article
Language:English
Published: Geographical Institute "Jovan Cvijić" SASA 2004-01-01
Series:Zbornik Radova: Geografski institut "Jovan Cvijić"
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/0350-7599/2004/0350-75990453073G.pdf
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author Gill M.S.
Sawhney Upinder
Singh Yadvinder
author_facet Gill M.S.
Sawhney Upinder
Singh Yadvinder
author_sort Gill M.S.
collection DOAJ
description The Foreign Direct Investment (FDI) norms in India have been liberalized in a phased manner since 1991. Foreign investment is now coming into the country not only as a source of new technology, but also as a source of capital and managerial skills. Accordingly actual inflow of FDI in India has increased at a compound annual growth rate of 36.3% between 1991 and 2003. The regional pattern of FDI has been marked by strong variations during this period, with more investment going to states with better infrastructure and more progress in the reform process. The hitherto reserve sectors for public investment like power, oil and telecommunications have attracted considerable FDI after liberalization. In terms of the country-wise approvals of FDI, USA accounts for nearly 20% of the share followed by Mauritius, UK and Japan. FDI has come in the form of joint ventures, mergers and acquisitions and green field investments. There have been certain hindrances in the actual inflow of FDI which need to be overcome in the coming years.
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spelling doaj.art-5fb09a1d9077428e9d4cb629f4595e492023-12-03T01:54:03ZengGeographical Institute "Jovan Cvijić" SASAZbornik Radova: Geografski institut "Jovan Cvijić"0350-75991821-28082004-01-01200453739310.2298/IJGI0453073GPattern of foreign direct investment in India since 1991Gill M.S.Sawhney UpinderSingh YadvinderThe Foreign Direct Investment (FDI) norms in India have been liberalized in a phased manner since 1991. Foreign investment is now coming into the country not only as a source of new technology, but also as a source of capital and managerial skills. Accordingly actual inflow of FDI in India has increased at a compound annual growth rate of 36.3% between 1991 and 2003. The regional pattern of FDI has been marked by strong variations during this period, with more investment going to states with better infrastructure and more progress in the reform process. The hitherto reserve sectors for public investment like power, oil and telecommunications have attracted considerable FDI after liberalization. In terms of the country-wise approvals of FDI, USA accounts for nearly 20% of the share followed by Mauritius, UK and Japan. FDI has come in the form of joint ventures, mergers and acquisitions and green field investments. There have been certain hindrances in the actual inflow of FDI which need to be overcome in the coming years.http://www.doiserbia.nb.rs/img/doi/0350-7599/2004/0350-75990453073G.pdfIndiaforeign investmentsreform process
spellingShingle Gill M.S.
Sawhney Upinder
Singh Yadvinder
Pattern of foreign direct investment in India since 1991
Zbornik Radova: Geografski institut "Jovan Cvijić"
India
foreign investments
reform process
title Pattern of foreign direct investment in India since 1991
title_full Pattern of foreign direct investment in India since 1991
title_fullStr Pattern of foreign direct investment in India since 1991
title_full_unstemmed Pattern of foreign direct investment in India since 1991
title_short Pattern of foreign direct investment in India since 1991
title_sort pattern of foreign direct investment in india since 1991
topic India
foreign investments
reform process
url http://www.doiserbia.nb.rs/img/doi/0350-7599/2004/0350-75990453073G.pdf
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AT sawhneyupinder patternofforeigndirectinvestmentinindiasince1991
AT singhyadvinder patternofforeigndirectinvestmentinindiasince1991