Foreign Direct Investment Inflows in India-Policies and Practices

Book excerpt: Foreign Direct Investment is playing a prominant role globally in the economic growth and development of the nation. 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. FDI is allowed up to 51% investment in single brand retail but government is going to open the doors for Multi Brand investment. India is the second most attractive destination for FDI globallyfrom among thirty emergent markets so foreign investors are curious to invest in India in so many sectors. It has made India the cynosure of many foreign eyes. FDI in multi brand can effect our economy by so many way. Government of India is now easing the entry norms for the foreign players to participate in the mission of make in India.