01347pab a2200157 454500008004000000100001800040245005700058260000900115300001400124362001200138520096000150650002301110700001301133700001601146773002701162180718b2007 xxu||||| |||| 00| 0 eng d aArchana, Vani aForeign direct investment in India: emerging horizon c2007 ap.255-66. aJul-Dec aIt has been more than ten years since India embarked on a bold new policy on economic front. In these fourteen odd years there has been progress in both quantity and the way country attracted FDI. There has been a paradigm shift in the flow of FDI and consequent evolution of the country into a low cost, high-tech, R&D intensive behemoth which can not only sustain R&D-intensive industries but also show significant growth in both quality and quantity. This paper intends to study this qualitative shift in the FDI inflow in India in-depth. It reveals that the country is not only cost-effective but also hot destination for R&D activities. Two models appropriate for the study have been made use of. While Panel Data model gives a holistic view, Seemingly Unrelated Regression (SUR) model gives a more detailed view of the changes taking place in the FDI space in India. Results are in conformity with changes taking place at ground level. - Reproduced. aForeign investment aBasu, P. aNayak, N.C. aIndian Economic Review