Economics Identify and explain the concept .

Foreign Direct Investment (FDI).
FDI was approved under the Industrial Policy of 1991, to encourage investment in high-priority industries which require high investment and technology.

Disinvestment.
A disinvestment is an act of selling shares of sick public sector units to the private sector.
Eg. Disinvestment of Maruti, ITDC hotels, VSNL, etc.

Globalization.
Globalization means the interaction of the domestic economy with the rest of the world with regard to foreign investment, trade, production, and financial matters.