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Foreign direct investment (FDI) plays an important role in resource mobilization and brings the latest technology. FDI inflows into different sectors of the economy are one of the most essential instruments for the growth of an economy because it leads to employment, export, import substitutions, creates a favourable balance of payment etc. It also fills the gap between investment and saving. India is a developing country, and it needs massive investment in various sectors of the economy to accelerate economic growth. In the present era of globalisation, liberalization and privatisation, the role of foreign direct investment cannot be ignored. The developing countries have opened their economy to FDI. The Indian economy opened for FDI after 1991. Before that, the growth rate of India was meagre and after opening the economy, there has been a significant increase in the growth rate, and it reached 6 to 7 per cent up to 2021-22. With this aim in mind, the present study has been undertaken to determine the impact of foreign direct investment inflows and their effects on the economic growth of the Indian economy.