FOREINGN DIRECT INVESTMENT IN INDIA: NEED AND CHALLENGES

Foreign Direct Investment (FDI) plays an important role in accelerating the development process in a nation. By developing employment opportunities, revenue, infrastructure, technology etc,, FDI had helped the Indian economy to make rapid progress in many spheres. In India, Initially FDI inflows were very low due to restrictive government policies and trade barriers. But after liberalizing the regulatory the need FDI in India an also the issues or challenges that FDI possesses for the Indian economy.