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How is FDI Beneficial in Economic Growth of the Country?

How is FDI Beneficial in Economic Growth of the Country?

Foreign Direct Investment (FDI) is majorly when an individual or a company takes controlling ownership of businesses in another country. With FDI, foreign companies are involved with the day-to-day activities of the recipient company. Through this, we can say that FDI brings money to the country and with it comes knowledge, skills, advanced technology, and many more. Therefore, the FDI plays a significant role in the development of nations. FDI in India The history of FDI can be traced back…

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