what is FDI's,Foreign Direct Investment?

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what is FDI's,Foreign Direct Investment?

2006-11-15 04:38:21 · 2 answers · asked by Anonymous in Business & Finance ➔ Investing

2 answers

Foreign direct investment occurs when foreign companies build and operate factories or service facilities in a country or purchase local companies outright.

2006-11-15 08:00:15 · answer #1 · answered by NC 7 · 0⤊ 0⤋

FDI is the investment which any FOREIGN MNC Company can make in any INDIAN VENTURE they plan to start in INDIA with the INDIAN PARTNERs.
FDI is determined by the MINISTRY OF FINANCE, COMMERCE etc. and the INDUSTRIAL POLICY etc.

2006-11-15 04:55:43 · answer #2 · answered by s a 3 · 0⤊ 0⤋