The importance of foreign direct investment (FDI) inflow for an economy in transition like India can never be ignored as the FDI inflow not only integrates the host country close to the world economy, but also act as a developmental resources in the form of capital, technology
managerial and marketing knowhow and market access required for sustained economic growth and development. Besides a large and quality inward FDI can make the relationship between the domestic
and foreign enterprises more dynamics in terms of both technology and environment, which is very urgent particularly in the present era