O'Reilly logo

Business Environment, 2nd Edition by Shaikh Saleem

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 25

Foreign Investment

CHAPTER OUTLINE

MEANING

At the time of independence, India’s technological base and domestic savings were both weak and stagnant. Therefore, India adopted an import substitution and encouraged foreign private capital and technology as elements of her strategy for industrial development, in order to fill up the technological and production gaps and accelerate the development process.

 

At the time of independence, India’s technological base and domestic savings were both weak and stagnant. ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required