VARIOUS COUNTRIES FOREIGN DIRECT INVESTMENT (FDI) IN INDIA AND ITS IMPACT ON GROSS DOMESTIC PRODUCTION (GDP) OF INDIA

This paper investigates the impact of foreign direct investment on Gross Domestic Production (GDP) Of India. The objective of this paper is to study the impact of FDI on GDP of India. It studies a long run relationship between the foreign direct investment and gross domestic production in India. This relationship is tested by applying Regression model. The change in GDP is taken as dependent viable and FDI taken as independent variable. This paper deals with the country wise impact of FDI on GDP of India. In this paper the researcher obtains eleven years data to analyses the impact. In this paper the researcher mentioned top nine countries FDI in India and this FDI taken as share in GDP of India, Total FDI inflows to India and FDI taken as share in GDP of India. In this paper the researcher evaluated the impact of FDI on GDP of India through testing of regression analysis. For this regression analysis GDP taken as dependent variable and FDI taken as independent variable, for this regression analysis the researcher taken twenty years data (1995-96 to 2015-16) as financial year wise. The result shows that the overall model is significant. There is a positive and significant impact of FDI on GDP of India