Impact Of Covid 19 On Fdi Inflow In India In Green Energy

Abstract

This research fills a gap in the current literature on the variables that impact foreign direct investment (FDI) in India's green energy sector. This study investigates the impact of COVID 19 on foreign direct investment (FDI) in India's green energy industry. The duration of the pandemic and the vaccination pace are the major apprehensions that affected the recovery of most industries. The FDI inflows also kept fluctuating during Covid 19. India's institutional structure is more essential in attracting foreign direct investment in green energy projects than the country's macroeconomic or environmental aspects. To attract foreign direct investment in the broader economy, variables like economic growth and access to local funding are necessary for FDI. The impact of Covid 19 on FDI inflows into the green energy sector in India is significant because it sheds light on the difficulties the industry faces, identifies potential solutions to those problems, and contributes to the country's continued leadership in the field of renewable energy.