Study of Linkages Between Outward Foreign Direct Investment (OFDI) and Domestic Economic Growth: an Indian Perspective

Abstract

The inwards and outward FDI movement plays an important role in the economic development and growth of any economy. The OFDI have its impact on the home economy based on scale effect, competition effect and knowledge effect. It helps other domestic companies to expand their business and scale of firms by giving them technological and trade benefits. OFDI help the companies to improve efficiency and upgrade production processes

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