FOREIGN DIRECT INVESTMENT AND THE MAKE IN INDIA INITIATIVE: A COMPREHENSIVE ANALYSIS OF THE IMPACT ON INDIA'S ECONOMY AND INDUSTRIAL SECTORS

This paper investigates the impact of the "Make in India" initiative on foreign direct investment (FDI) inflows to India. Using secondary data sources on FDI and manufacturing sector FDI over the past 8 years, this study conducts a trend analysis to identify patterns and changes in FDI inflows to India. The study also calculates the mean, standard deviation, and covariance of FDI inflows to India during this period. The primary objective of this study is to test the hypothesis that the "Make in India" initiative has had a positive impact on FDI inflows to India. To test this hypothesis, the study employs the dependent sample t-test, which compares the mean FDI inflows before and after the launch of the Make in India initiative. The findings of the study suggest that the "Make in India" initiative has had a significant positive impact on FDI inflows to India. The trend analysis reveals a steady increase in FDI inflows to India over the past 8 years, with a noticeable acceleration in FDI inflows after the launch of the Make in India initiative. The mean, standard deviation, and covariance calculations also support this conclusion. The results of the dependent sample t-test confirm that there is a statistically significant difference in the mean FDI inflows before and after the launch of the "Make in India" initiative. This finding provides strong evidence that the initiative has been successful in attracting foreign investment to India. Overall, the findings of this study suggest that the Make in India initiative has had a positive impact on FDI inflows to India. The study's results could provide useful insights for olicymakers and investors looking to evaluate the effectiveness of the "Make in India" initiative and its impact on the Indian economy.

___________________________________________________________________________________

 

Keywords: Multidisciplinary Education, Reconstructive Education System, Education Reform.


DOI:

Article DOI:

DOI URL:


Download Full Paper:

Download