Key Drivers of FDI: a Review with Special Reference to 'Make in India' Initiative

Abstract

The study finds that India lags behind in respect of 'Ease of Doing Businesses'. To attract FDI, simplification and integration of regulatory norms and processes are sought. Specifically, India lags way behind in respect of Contract Enforcement. FOREIGN Direct Investment (FDI) is inevitable, essentially for the growth of developing economies as it ensures cross-border capital flows for enriching various projects with resources that leads to creation of wealth.