India’s Emerging Multinationals in Developed Region
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.
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- Pradhan, Jaya Prakash, 2007. "Growth of Indian Multinationals in the World Economy: Implications for Development," MPRA Paper 12360, University Library of Munich, Germany.
- Pradhan, Jaya Prakash, 2005. "Outward Foreign Direct Investment from India: Recent Trends and Patterns," MPRA Paper 12358, University Library of Munich, Germany.
- Pradhan, Jaya Prakash, 2008. "Indian Direct Investment in Developing Countries: Emerging Trends and Development Impacts," MPRA Paper 12323, University Library of Munich, Germany.
- Jaya Prakash Pradhan, . "Growth of Indian Multinationals in the World Economy: Implications for Development," Working Papers 0704, Institute for Studies in Industrial Development (ISID).
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