A second commonly used measure of globalisation is a country’s participation in international capital flows, particularly Foreign Direct Investment (FDI). As you know, annual flow of FDI across the globe is more than $ 1 trillion, i.e., $ 1,000 billion.
Annual FDI inflows into India is $ 3 – 4 billion only or 0.3 – 0.4 per cent of the total – that is all. Same is true of Foreign Institutional Investment (FII).