Factors Affecting GDP (Manufacturing, Services, Industry) : An Indian Perspective

The study tries to investigate the impact of various macro-economic factors on GDP components. The study used the secondary data for the period 2000-2001 to 2011-2012. Data was collected from the Economic survey of India and Reserve bank of India bulletins. The dependent variable in the study was GDP components and was expressed as a function of various macroeconomic measures of growth. These variables could be FDI, Net FII equity, Net FII debt, Import and Export. Multiple regression analysis was used to develop the relationship. In the analysis we found a significant affect of FDI, Net FII equity and Import on GDP components. But we could not found a significant affect of Net FII debt on GDP components. And it was also found that there was no significant affect of Export on GDP (Manufacturing, Industry) components but Service had a significant affect