chapter  3
20 Pages

FDI and Precision Agriculture in India

BySarah Ahmed

Foreign direct investment (FDI) is considered a viable option for fostering economic growth in host countries. Most of the developing countries consider FDI as an effective nondebt creating foreign capital resource with benefi ts in terms of technology transfer, skill enhancement, and generation of employment, income and foreign exchange through increase in exports. These multidimensional benefi ts make FDI a very attractive and important tool for economic development. Considering this feature, most countries adopt liberal policies to attract FDI.