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India’s Emerging Multinationals in Developed Region

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  • Pradhan, Jaya Prakash

Abstract

Indian 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.

Suggested Citation

  • Pradhan, Jaya Prakash, 2008. "India’s Emerging Multinationals in Developed Region," MPRA Paper 12361, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:12361
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    File URL: https://mpra.ub.uni-muenchen.de/12361/1/MPRA_paper_12361.pdf
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    References listed on IDEAS

    as
    1. Jaya Prakash Pradhan, "undated". "Growth of Indian Multinationals in the World Economy: Implications for Development," Working Papers 0704, Institute for Studies in Industrial Development (ISID).
    2. Pradhan, Jaya Prakash, 2005. "Outward Foreign Direct Investment from India: Recent Trends and Patterns," MPRA Paper 12358, University Library of Munich, Germany.
    3. Pradhan, Jaya Prakash, 2008. "Indian Direct Investment in Developing Countries: Emerging Trends and Development Impacts," MPRA Paper 12323, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Pradhan, Jaya Prakash, 2009. "The Global Economic Crisis: Impact on Indian Outward Investment," MPRA Paper 12324, University Library of Munich, Germany.
    2. Pradhan, Jaya Prakash, 2009. "Emerging Multinationals from India and China: Origin, Impetus and Growth," MPRA Paper 18210, University Library of Munich, Germany.
    3. Jaya Prakash Pradhan & Raj Aggarwal, 2011. "On the globalness of emerging multinationals: a study of Indian MNEs," ECONOMIA E POLITICA INDUSTRIALE, FrancoAngeli Editore, vol. 2011(1), pages 163-180.
    4. Pradhan, Jaya Prakash & Singh, Neelam, 2010. "Group Affiliation and Location of Indian Firms’ Foreign Acquisitions," MPRA Paper 24018, University Library of Munich, Germany.

    More about this item

    Keywords

    Indian FDI; Developed Region;

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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