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india economic growth

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In the past few decades, Foreign Direct Investment (FDI) has become one of India’s most powerful engines of economic progress. It has quietly weaved itself into the fabric of daily life and national growth, becoming an integral part of what drives India’s economy. But what does FDI actually mean for India’s economy? In simple terms, FDI happens when companies based overseas invest their money into businesses and projects in India. This could be for building new factories, opening research centers or funding local start-ups. Apart from an infusion of capital, these investments also result in an infusion of fresh ideas, technology, and global expertise that help Indian industries thrive. There has been an exponential surge in FDI over the last 20 years, proof that international trust in India’s economy is growing. FDI also stands out for its ability to create jobs and new opportunities. Look around you. International car manufacturers,…