Part 5/9:
Foreign Direct Investment (FDI) was heralded as a cornerstone of the "Make in India" initiative, with expectations of significant foreign capital influx. While FDI inflows rose from $46 billion in 2014 to $71 billion in 2023, a more concerning trend emerges: disinvestment outflows have surged even faster—from $13.6 billion to $44.4 billion. This translates to a net capital loss, questioning India’s competitiveness and underscores its struggle to integrate effectively into the global economy. With a mere 1.5% share of global FDI, India's aspirations appear distant from the lofty rhetoric initially presented.