Foreign Direct Investment in financial sector in India

Abstract

In the last decade, the pace of economic growth & progressive policy liberalization has made India an attractive destination for investment from all over world. USA is the foremost in investment in India and strengthening the partnership between two largest democracies in the world. This partnership will grow in the future years. US technological innovation will help India’s skilled resources. India’s large middle class consumer will be benefitted by strategic investment of US. This partnership will be the regulatory regime in India and US both. India’s FDI policy has become more and more liberal in the last few years. The opening up of service sector which is most preferred sector for FDI will definitely help India to realize its potential of economic growth in the world level.

Keywords: FDI, Insurance sector, financial inclusion, Capital market, Funding.