Hi,
I understand you completely anand, thanks but there is a question running in my mind that why the countries seeks FDI.
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Hi,
I understand you completely anand, thanks but there is a question running in my mind that why the countries seeks FDI.
Hi,
thanks buddy, Answer to your query as per my knowledge is because of three main reasons
(a) Domestic capital is inadequate for purpose of economic growth.
(b) Foreign capital is usually essential, at least as a temporary measure, during the period when the capital market is in the process of development.
(c) Foreign capital usually brings it with other scarce productive factors like technical know how, business expertise and knowledge.
I hope you understand, thankyou