India, March 13 -- India's economic trajectory under Prime Minister Narendra Modi blends rigorous analysis with bold policy moves. The BJP-led government has combined openness to foreign capital - through Foreign Direct Investment (FDI) and Foreign Institutional Investment (FII) - with initiatives to boost self-reliance. Economists and policymakers alike recognise foreign investment as a pillar of economic stability, providing critical financing, technology, and market access across sectors. This balanced strategy favours pro-growth reforms while building domestic capacity.
Temporary Boost For Long-Term Self-Reliance
Surging FDI inflows have strengthened India's growth and stability. Annual FDI hit a record $83.6 Billion in FY2021-22, alm...