EVALUATING DETERMINANTS OF SUCCESSFUL MAKE IN INDIA PROGRAM

Abstract

The Make in India program launched by the Government of India is targeted to twenty five sectors which has maximum likelihood of attracting FDI, and therefore success of the program is linked to level of FDI inflows to identified sectors. Existing theoretical framework of global FDI movement is based on varied and overlapping ideas and supported by varied empirical research. In this article an attempt has been made to identify best success indicators of the Make in India Program. Based on FDI inflows data of 40 countries in 2013 and 8 dependent variables , it has been concluded that market size is the dominant factor in attracting FDI . However, to intensify the FDI inflows to make in India program a success it is critical factor to improve parameters involved in global competitiveness index.