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Choice of international diversification strategies: evidence from Indian industries

Author

Listed:
  • Aparna Bhatia
  • Meenu Khurana

Abstract

The study investigates and compares varied Indian industry groups with respect to their preferences for international diversification strategies. Jacquemin and Berry entropy (1979) approach is employed for calculating inter-region and intra-region diversification of companies in these industry groups. 'Drugs and pharmaceuticals' followed by 'information technology and communication' are revealed as the most internationally diversified industries while 'textile and wearing apparel' followed by 'construction' appeared as the least internationalised groups of industries. The results strongly assert that international diversification is industry-specific. Both the pace as well as preference of international moves varies across different industries. Statistically significant differences across industrial groups are endorsed by Games-Howell post hoc analysis.

Suggested Citation

  • Aparna Bhatia & Meenu Khurana, 2023. "Choice of international diversification strategies: evidence from Indian industries," International Journal of Indian Culture and Business Management, Inderscience Enterprises Ltd, vol. 28(1), pages 57-84.
    • Handle: RePEc:ids:ijicbm:v:28:y:2023:i:1:p:57-84
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