Outward Foreign Direct Investment from India
India has been continually attracting massive foreign investments since the opening up of its economy with a series of liberalization policies in the early 1990s. This inward FDI plays an important role in the Indian economy as a financier of her BOP. However in recent years, India has been fast emerging as an exporter of large foreign direct investment. An increasing number of Indian firms are resorting to outward investment in order to access new technologies, skills and managerial expertise etc. from the developed countries. This is a bit of an anomaly. What explains this boom in FDI from India? What have been the motivations to invest abroad? What could be its economic implications? These are the questions that generally come into mind. A large number of strategic factors and motivations along with a series of policies liberalization and financial deregulation those are undertaken since the early 1990s are supposed to be the driving forces for this outflow of FDI from India. The present article tries to address some of these issues.
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- Jaya Prakash Pradhan, "undated".
"Growth of Indian Multinationals in the World Economy: Implications for Development,"
0704, Institute for Studies in Industrial Development (ISID).
- Pradhan, Jaya Prakash, 2007. "Growth of Indian Multinationals in the World Economy: Implications for Development," MPRA Paper 12360, University Library of Munich, Germany.
- Nagesh KUMAR, 2008. "Internationalization of Indian Enterprises: Patterns, Strategies, Ownership Advantages, and Implications," Asian Economic Policy Review, Japan Center for Economic Research, vol. 3(2), pages 242-261.
- Nagesh Kumar, 2008. "Internationalization of Indian Enterprises : Patterns, Strategies, Ownership Advantages and Implications," Microeconomics Working Papers 22113, East Asian Bureau of Economic Research.
- Pradhan, Jaya Prakash & Abraham, Vinoj, 2004. "Overseas Mergers and Acquisitions by Indian Enterprises: Patterns and Motivations," MPRA Paper 17076, University Library of Munich, Germany. Full references (including those not matched with items on IDEAS)
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