Economic Development in India and the Interconnection to Foreign Investment

Abstract

This paper looks at the history of economic development in India, and then goes on to show how India's liberalizing reforms has allowed it to become a strong contender in International foreign investment. I begin by establishing how India's economic outlook has changed over the years, and what brought about these changes. By making such changes, I then focus on India's foreign investment and relationship with parts of Africa, and then compare this investment with China's substantial position Africa as well. I discuss the differences - both beneficial and not - of having government led versus private led foreign investment.