Paper Details

Name: Umang Bhutani, Vaishali Chhabra
Country: India

Year: 2025
Volume: Volume No: 12, Issue No: 2, Year: 2025
Page Number: 85-94
DOI: https://doi.org/10.5281/zenodo.20605180

ABSTRACT
This study explores the influence of Foreign Direct Investment (FDI) inflows on India's
agricultural exports and economic growth, using an econometric approach. By using data
from the year 1991 to 2022 which was obtained from the World Bank Indicators, Reserve
Bank of India (RBI), World Integrated Trade Solution (WITS), and International Trade
Centre (ITC), the research aims to deduce the long-run relationship between FDI inflows,
agricultural exports, and Economic growth in the country. FDI as well as Agricultural Exports
are hypothesised to positively influence Economic development in India. The analysis uses
the Autoregressive Distributed Lag (ARDL) model to inspect the long-run equilibrium
between the variables. The results indicate a positive and statistically significant relationship
between the variables. This suggests that increased inflows into the country along with
agricultural exports have fostered economic development in India. The study provides
empirical evidence of the benefits of agricultural exports and the inflow of overseas funding
for India's economic well-being, highlighting the importance of policies that attract foreign
investment to enhance agricultural productivity and competitiveness.
Keywords- Economic Growth, Economic Reforms, Agriculture Exports, FDI, ARDL, India.