ROLE OF FOREIGN DIRECT INVESTMENT (FDI) ON INDIAN ECONOMIC GROWTH WITH SPECIAL REFERENCE TO TRADING SECTOR - AN EMPIRICAL ANALYSIS
Keywords:
Foreign Direct Investment, Trading Sector, Economic GrowthAbstract
FDI's impact on the Indian economy is the focus of this research, which examines the impact on the country's trading industry. The study has focused to know about the relationship, impact and future movement of the FDI with the Indian Economy. E-views software was used in the research, and the statistical methods used include VECM, OLS, and VAR. The research looked at secondary data from 2011 to 2021, which was taken into account. The findings of the research show a favorable correlation between FDI and trading. An increase in FDP will boost GDP since GDP and FDI have a positive connection. FDI's long-term impact on the trading sector, as well as its short-term impact on GDP, were affected favorably by the research. According to the findings of the research, the impact of FDI on GDP should be beneficial in the future.
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Copyright (c) 2024 D. Radha Kumari, J. Sangeetha, Nishad Begum, V. Mamatha (Author)
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