The outward foreign direct investment (FDI) & foreign direct investment (FDI) in the economic development is very crucial as it creates new jobs, provides skilled technical and managerial labor and transfers the technology. But Such effects could be in the form of allocative efficiency, technical efficiency and technology transfer (Caves, 1974).Much of the FDI has been taking place through MNEs of the developed countries that possess advance technology, abundance of capital, strong production, advertisement and distribution networks but emergence of the third world multinational enterprises (TWMNEs) at international level is a relatively new and captivating phenomenon. Thus, the study will provide in-depth knowledge about Indian Multinational Investment Decisions Outside India on outward FDI on Indian Economyin India to the researchers and academicians through this Paper.