Labour Mobility and Foreign Direct Investment: India during the COVID-19 Pandemic

Abstract

COVID-19 has had a negative impact on the majority of rising economies since 2020. The economic effects of the majority of countries were mixed as a result of the lockdown measure they enacted. Economic conditions have a significant impact on the spread of pandemics, as history has proved. This article concentrates on India in order to ascertain the relationship between migration, FDI, and COVID-19. We undertake this study to determine whether labour movement (in/out) inside COVID-19 has an effect on FDI influx. Our research—based on qualitative secondary sources—reveals that multinational corporations prefer native workers over imported personnel in India due to the country’s abundant skilled manpower. This implies that multinational corporations can replace foreign workers with locally employed workers if they can find suitable candidates among the local labour force. According to our findings, FDI and skilled migration to India appear to be linked.