Question

what is FDI in India ? is it beneficial
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Answer 1

Answer:

Foreign direct investment in India is a major monetary source for economic development in India. Foreign companies invest directly in fast growing private Indian businesses to take benefits of cheaper wages and changing business environment of India.

Explanation:

Promotion of investment in key areas

New technologies

Increase in Capital inflow

Increase in Exports

Promotion of Employment opportunities

Promotion of financial services

Exchange rate stability

Development of backward areas