Foreign Direct Investment (FDI) As A Driving Force to Reach Viksit Bharat 2047

Abstract

By the country's 100th anniversary of independence, India's ambitious Viksit Bharat 2047 aim is for a fully developed economy. This ultimate aim welcomes social fairness, economic development, technological innovation, and environmentally friendly living. Foreign direct investment (FDI), which brings in money, technology, employment opportunities, and experience that will hasten India's growth, is a significant determinant in reaching these goals. This paper examines the value of FDI in several sectors—including manufacturing, infrastructure, the digital economy, and renewable energy—in view of Viksit Bharat 2047. It looks at how government policies and investing behavior influence GDP growth, employment generation, and innovation. Using both qualitative and quantitative research approaches, the study pulls from industry assessments, government documents, and international financial institutions.