"Automobile Sector will attract stronger FDI flows in future" : Research Study
By: FINANCE INDIA
The focus of this study is on FDI flow trends in India from 2000-01 to 2014-17. The study also highlights country-wise approvals of FDI inflows into India and FDI inflows into various areas from April 2000 to June 2017. The study concludes that Mauritius has been the most prevalent contributor to FDIs because of the Double Tax Avoidance Agreement (DTAA) is between India and Mauritius and most foreign countries want to invest in the services industry. The ordinary least square method states that the FDI influenced all the selected sectors during the study. The study observed that the FDI is having the weak relationship with the investments of Computer, Construction and Automobile Sectors. Hence the study suggests improving the norms so that the FDI investments will have the stronger influence.
The study further suggests improve the regulation in the Service Sector, so that the FDI inflows will have the positive impact on the growth of the Service Sector. The study suggests focusing the areas where the FDI flows are very low, so that FDI growth will have the positive impact on the overall sectors.
Finance India – Quarterly Journal of Finance of Indian Institute of Finance published since 1987 is a Two Tier Triple Blind Peer Review Journal of more than 400 pages. Its has an exalted Editorial Board of over 110 Experts from all over World including 6 Nobel Laureates headed by Prof J.D. Agarwal, an eminent economist. It is indexed and abstracted by more than 43 agencies and over 100 Universities worldwide. Finance India is ranked at par with top international journals. Finance India, SCOPUS Indexed & UGC approved Journal, is placed at 4th best position amongst 21,000+ journals; Indexed in SJIF Journals Rank by Scientific Journal Impact Factor (SJIF) with a high 8.257.
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