Sector -Wise Performance of FDI Equity Inflows in India
A. Muthusamy1, S. Karthika2
1Dr. A. Muthusamy, Professor, Department of International Business, Alagappa University, Karaikudi (Tamil Nadu), India.
2S. Karthika, Full-Time Research Scholar, Department of Commerce, Alagappa University, Karaikudi (Tamil Nadu), India.
Manuscript received on 17 September 2019 | Revised Manuscript received on 04 October 2019 | Manuscript Published on 11 October 2019 | PP: 139-144 | Volume-8 Issue-2S10 September 2019 | Retrieval Number: B10230982S1019/2019©BEIESP | DOI: 10.35940/ijrte.B1023.0982S1019
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Foreign Direct Investment (FDI) plays an important role in the development process of a country. It has the potential for contributing to the development through the transfer of financial resources, technology and innovative and improved management techniques along with raising productivity. Developing countries like India need substantial foreign inflows to achieve the required investment to accelerate economic growth and development. It can act as a catalyst for domestic industrial development. Further, it helps in speeding up economic activity and brings with it other scarce productive factors such as technical knowledge and managerial experience, which are equally essential for economic development. India has been the most significant beneficiary of remote direct interest in most of its various segments. It likewise assumes a significant job in the advancement of a nation. India is the biggest popularity based nation with the second biggest populace on the planet, with the standard of law and exceedingly instructed English talking work power, the nation is considered as a sheltered spot of assurance for outside financial specialists. The study covers the performance of FDI Equity inflows in India and the sector-wise performance of FDI Equity inflows in India. The samples of sector-wise FDI inflows in India are selected based on the convenient sampling method. A Sample of 10 sectors has been selected based on the availability of data. The inflow of FDI in the media transmission and Constrictions utilizing combined example t’ test P worth is 0.049 (Less than the estimation of 0.05). Henceforth we may accept the invalid speculation with 95% certainty. The Construction (foundation) exercises and Power utilizing combined example t’ test. P worth is 0.016 (Less than the estimation of 0.05). Subsequently, we may accept the invalid theory with 95% certainty.
Keywords: FDI Equity Inflows, Sector-wise, Relationship, Two-tail Test.
Scope of the Article: e-governance, e-Commerce, e-business, e-Learning