A STUDY OF EFFECT OF COVID 19 IN FDI INFLOW IN INDIA WITH SPECIAL REFERENCE TO SERVICE SECTOR AND COMPUTER HARDWARE & SOFTWARE SECTOR
Abstract
This paper studies the effect of COVID 19 in the FDI inflows from Services Sector and Computer Hardware and Software sector. It studies the data pertaining to the FDI inflow in India for the last six years. The research is based on secondary data derived from the official websites of the various government departments. The two sectors targeted in this paper are selected on the basis of their growing importance to the Indian economy. Also, the emergence of India as a knowledge hub and the emergence of Industry 4.0 with technology as one of the key factors in the growth of any economy. The research methodology used is time series analysis and trend analysis. The data has been divided into pre-covid, during covid and post covid phase. The sectoral analysis of the FDI data has been done to verify the acceptance or rejection of hypotheses.
Keyword : foreign direct investment, service sector, computer sector, software and hardware sector, trend, automatic route, COVID.
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References
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