Degree of Internationalization and Old Economy Firms in the Indian Context: A Perspective

Ajay Kumar Singal and Arun Kumar Jain

Chapter 6 in Impacts of Emerging Economies and Firms on International Business, 2012, pp 107-125 from Palgrave Macmillan

Abstract: Abstract Ever since the opening up of the Indian economy in 1990–1991, firms started pursuing internationalization opportunities. Using outward foreign direct investment (OFDI) as an indicator, we can argue that there is a continuous trend of active internationalization of Indian firms. OFDI stock from India for the period 2000–2009 reached US$75 billion (World Investment Report, 2010) whereas it was only US$700 million in 1990–1999.

Keywords: Business Group; Indian Context; Outward Foreign Direct Investment; Psychic Distance; Tata Motor (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-03254-6_6

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DOI: 10.1057/9781137032546_6

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