Question

Explain the co-relationship between the following:

India economy and foreign capital investment

Answer 1

1. Following India's economic liberalization in 1991, there has been a significant rise in the inflow of foreign capital into the country.
2. The achievement of economic development in India relies heavily on the necessity of foreign capital investment.
3. For economic development, India requires investment in capital goods and infrastructure projects rather than in enterprises such as McDonald's and similar fast-food chains.