
589
CHAPTER OUTLINES
•
Meaning 589
•
Need for Foreign Investment 590
•
Adverse Implications of Foreign Investment 591
•
Determinants of Foreign Investment 592
•
Government Policies 592
•
Liberalization and Changing Sectoral
Composition of FDI 598
•
Liberalization and Changing Sources of FDI in
India 600
•
Impact of FDI Inflows: Some Issues 606
•
Rising Importance of FDI in Indian Economy 608
•
R&D, Local Technological Capability, and
Diffusion 609
•
FDI and the Knowledge-based Economy in India:
Software and Global R&D Hub 611
•
Foreign Technology Transfers 614
•
Policy Lessons 614
•
A Comparative Statistical Outline of FDI