Assessing the Impact of Foreign Direct Investment on the Growth of the Automobile Industry in Telangana State
DOI:
https://doi.org/10.29070/tdk3ws28Keywords:
Foreign Direct Investment, Automobile Industry, Telangana, Economic GrowthAbstract
This study looks at how FDI affected the expansion of the car manufacturing in Telangana State, India. The state of Telangana has been a centre for the production of automobiles and related industries because to its advantageous location and strong industrial policy. Foreign direct investment (FDI) patterns and trends are examined in this study, along with their impact on technical innovation, job creation, and infrastructural development in the state. The policy approaches implemented by the Telangana government to entice foreign direct investment (FDI) and their impact on promoting long-term industrial growth are also examined. In order to give a thorough analysis, the study uses a mixed-methods approach, combining quantitative data on FDI inflows with qualitative perspectives from industry stakeholders. While highlighting opportunities like policy obstacles and environmental problems, the results show how FDI may drive economic growth in a revolutionary way. Also included are suggestions for making the most of foreign direct investment (FDI) in the automotive industry.
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