India’s Evolving FDI Landscape: Trends and the Role of Make in India
Manjusha Senapati1, Prabha Jadav2, Srijan Hazra3
1Dr. Manjusha Senapati, Department of Statistics, Reserve Bank of India, Mumbai (Maharashtra), India.
2Dr. Prabha Jadav, Department of Statistics, Reserve Bank of India, Mumbai (Maharashtra), India.
3Srijan Hazra, Department of Statistics, Reserve Bank of India, Mumbai (Maharashtra), India.
Manuscript received on 27 November 2025 | First Revised Manuscript received on 17 December 2025 | Second Revised Manuscript received on 17 April 2026 | Manuscript Accepted on 15 May 2026 | Manuscript published on 30 May 2026 | PP: 5-11 | Volume-6 Issue-1, May 2026 | Retrieval Number: 100.1/ijef.A264506010526 | DOI: 10.54105/ijef.A2645.06010526
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© The Authors. Published by Lattice Science Publication (LSP). This is an open-access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Annual Foreign Direct Investment data on equity inflows are analysed for the period from 2000-01 to 2024-25. We also examine the sectoral and geographical (state- and countrywise) composition of inflows. The Make in India initiative is evaluated by comparing the performance of the targeted sectors. The estimates indicate clear and positive policy effects, most noticeable after 2014-15. State-wise and country-wise analyses reveal concentration. The pace of diversification remains slow. This emphasizes the need for broader, innovation-driven FDI for India.
Keywords: FDI, make in India (MII), Difference-in-Difference (DiD), Herfindahl Hirschman Index (HHI), Gini Coefficient, Pareto Analysis.
Scope of the Article: Economics