On
Rate of Exchange and Foreign Investment
The Indian case from 2009-10 to 2011-12
Acknowledgement
As a part of PGDM curriculum at Birla Institute of Management Technology, the preparation of this project report has been a unique and rewarding experience. Apart from our efforts, the success of any project depends largely on the encouragement and guidelines of many others. We take this opportunity to express our gratitude to the people who have been instrumental in the successful completion of this project. First and foremost, we would like to thank Birla Institute of Management Technology for providing us with this wonderful opportunity.
We would also like to thank Prof. J. Shettigar and Prof. M.L. Pandit for guiding us all through the course of this project. We are grateful for their directions and support which helped us prepare this extensive project whilst we carried out our intensive learning through this project at the institute. We hope to succeed in this endeavour and uphold the name of our institution.
Our thanks and appreciations also go to the people in developing the project and who have willingly helped us out with their abilities.
Introduction
From last few decades, the Foreign Direct Investment (FDI) is considered as an important source of inflows in many countries, particularly in emerging developing economies. It is widely believed that the foreign direct investment plays an important contribution in the economic growth of a country. The foreign investment may be in different forms such as direct investment, portfolio investment, private capital flows, etc. The components of FDI defined by UNCTAD include equity capital, re-invested earnings and other capital. A country receiving FDI is not only receiving the direct benefits of foreign inflows but also indirectly it can be able to get the benefits of sharing knowledge, skills, experiences, technology,
Bibliography: 1) www.rbi.org.in/ (the releases and publications by RBI on regular basis) 2) www.investopedia.com/ (definition of some specific terms) 3) www.ibef.org/ (to understand the foreign investment scene in INDIA and then draw conclusions) 4) www.nse-india.com/ (for data pertaining to FDI & FII activities) 5) Recent articles on Economic Times and Business Standard [pic]