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International Journal of Creative and Open Research in Engineering and Management

A Peer-Reviewed, Open-Access International Journal Supporting Multidisciplinary Research, Digital Publishing Standards, DOI Registration, and Academic Indexing.
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ISSN: 3108-1754 (Online)
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ISO Certification: 9001:2015
Publication Fee: 599/- INR
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License: CC BY 4.0
Peer Review: Double Blind
Volume 02, Issue 6

Published on: June 2026

FOREIGN DIRECT INVESTMENT AND MACROECONOMIC PERFORMANCE IN INDIA: AN EMPIRICAL ANALYSIS OF GDP, UNEMPLOYMENT RATE, AND USD/INR EXCHANGE RATE DYNAMICS (2005–2024)

Suyash Chaturvedi

UGC NET qualified in Management

Independent Researcher, Delhi India

Article Status

Plagiarism Passed Peer Reviewed Open Access

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Abstract

Foreign Direct Investment (FDI) has played an increasingly important role in the economic development of developing countries by bringing in capital, technology, and business expertise. Over the years, India has emerged as one of the leading destinations for FDI among emerging economies, attracting investments across sectors such as manufacturing, services, infrastructure, and technology. This study examines the impact of FDI on three key macroeconomic indicators in India-Gross Domestic Product (GDP), the unemployment rate, and the USD/INR exchange rate-during the period from 2005 to 2024. The analysis is based on secondary data obtained from the World Bank database and employs correlation and regression techniques using Microsoft Excel. The objective is to assess the extent to which FDI has influenced economic growth, employment levels, and exchange rate movements in India. The findings of the study contribute to a better understanding of the role of foreign investment in India's economy and provide insights that may assist policymakers in formulating strategies for sustainable economic development.

Keywords: Foreign Direct Investment, GDP, Unemployment Rate, Exchange Rate, USD/INR, India, Economic Growth, Regression Analysis, Correlation Analysis.

How to Cite this Paper

Chaturvedi, S. (2026). Foreign Direct Investment and Macroeconomic Performance in India: An Empirical Analysis of GDP, Unemployment Rate, and USD/INR Exchange Rate Dynamics (2005–2024). International Journal of Creative and Open Research in Engineering and Management, <i>02</i>(6). https://doi.org/10.55041/ijcope.v2i6.064

Chaturvedi, Suyash. "Foreign Direct Investment and Macroeconomic Performance in India: An Empirical Analysis of GDP, Unemployment Rate, and USD/INR Exchange Rate Dynamics (2005–2024)." International Journal of Creative and Open Research in Engineering and Management, vol. 02, no. 6, 2026, pp. . doi:https://doi.org/10.55041/ijcope.v2i6.064.

Chaturvedi, Suyash. "Foreign Direct Investment and Macroeconomic Performance in India: An Empirical Analysis of GDP, Unemployment Rate, and USD/INR Exchange Rate Dynamics (2005–2024)." International Journal of Creative and Open Research in Engineering and Management 02, no. 6 (2026). https://doi.org/https://doi.org/10.55041/ijcope.v2i6.064.

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References


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  • All submissions are screened under plagiarism detection.
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  • Peer Review Type: Double-Blind Peer Review
  • Published on: Jun 06 2026
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