India’s Emerging Multinationals in Developed Region
AbstractIndian FDI has been rapidly growing into developed region. As a result, developed region emerged as the largest host to Indian investment during 2000–07. An increasing number of firms from a wide range of economic activities are now undertaking FDI projects into developed countries. Considering this, the present study has explored the growth of developed region bound Indian FDI since 1960s and explored various developmental impacts they have on host economies. It is argued that Indian FDI can make contribution to development by making host country markets more competitive, reducing cost of products and services and increasing the range of consumer choice. However, the negative short-run impact of brownfield form of Indian FDI on local R&D and employment is clearly acknowledged.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 12361.
Date of creation: Nov 2008
Date of revision:
Indian FDI; Developed Region;
Find related papers by JEL classification:
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
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