 Internationalization of Indian Enterprises: Patterns, Strategies, Ownership Advantages, and Implications*Nagesh Kumar () Asian Economic Policy Review, 2008, vol. 3, issue 2, 242-261 Abstract: The recent spate of large cross‐border acquisitions – for example, Tata Steel–Corus, Hindalco–Novelis, and Tata Motors–Jaguar/Land Rover – and greenfield investments by Indian companies have helped in focusing attention on the emergence of new corporate players on the global scene. India's emergence as a source of foreign direct investment outflows is impressive for its level of development. It is argued that the destinations, sectoral composition, motivations, and entry strategies of Indian investments have been changing with magnitudes. This paper examines the sources of Indian companies’ ownership advantages and trends, patterns, and implications. It has been argued that the source of their ownership or competitive advantage lies in their accumulation of skills for managing large multilocation operations across diverse cultures in India and in their ability to deliver value for money with their “frugal engineering skills” honed up while catering to the larger part of income pyramid in India. Date: 2008 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:bla:asiapr:v:3:y:2008:i:2:p:242-261 Ordering information: This journal article can be ordered from Access Statistics for this article Asian Economic Policy Review is currently edited by Takatoshi Ito, Akira Kojima, Colin McKenzie and Shujiro Urata More articles in Asian Economic Policy Review from Japan Center for Economic Research Contact information at EDIRC. |
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