Foreign Direct Investments on Small Scale Industries in India
K. Praveen Kumar1, S. Josephin Arulmozhi2, G. Vinayagamoorthi3
1K. Praveen Kumar, Ph.D Research Scholar, Department of Commerce, Alagappa University, Karaikudi (Tamil Nadu), India.
2S. Josephin Arulmozhi, Ph.D Research Scholar, Department of Commerce, Alagappa University, Karaikudi (Tamil Nadu), India.
3Dr. G. Vinayagamoorthi, Assistant Professor, Department of Commerce, Alagappa University, Karaikudi (Tamil Nadu), India.
Manuscript received on 29 September 2019 | Revised Manuscript received on 08 October 2019 | Manuscript Published on 22 October 2019 | PP: 384-387 | Volume-8 Issue-3S October 2019 | Retrieval Number: C10821083S19/2019©BEIESP | DOI: 10.35940/ijrte.C1082.1083S19
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Foreign direct investment (FDI) in little scale industry (SSI) It could be exactly what the part needs. Indeed, the legislature’s detailed move to change FDI here by moving the endorsement administration by maybe notwithstanding raising the business particular tops on remote value proprietorship could help India’s prospects in the race to secure worldwide capital for its economy. India has allowed Foreign Direct Investment up to 100 percentages in many manufacturing industries which were designated as Small Scale Industries. Increased FDI inflows to a country can create several positive economic effects. Among others, FDI can affect labor and capital markets, trade patterns and economic growth. Indian SSI units would be eligible to raise foreign equity in accordance with caps governing the sectors in which they operate, thereby improving their access to technology and capital and assisting in the growth and modernization of the sector. For the past years big companies getting FDI is not difficult issue because of financial security, reach in global market and business experience but in SME/SSI it still very ease compared with big companies. But the same time SSIs sick units and startups are very low level in getting guidance for capital management like venture capital and attract the investments from the foreign countries. This study focused on the qualitative manner in SSIs capital management and problems related to attract the investments from the foreign countries .mainly make in India scheme gives more opportunities to small scale industries to equip their selves to global market through FDI. This study also analyze the make in India scheme’s investment on SSIs in India.
Keywords: FDI, SSIs, SME, Startups, Venture Capital, Investments, Make in India.
Scope of the Article: e-governance, e-Commerce, e-business, e-Learning