In Search of the “Indianness” of Indian Multinational Enterprises: Is There Anything Special about the Indian Path to Outward Foreign Direct Investment?
Michael W. Hansen
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Michael W. Hansen: Copenhagen Business School
Chapter 2 in The Rise of Indian Multinationals, 2010, pp 25-55 from Palgrave Macmillan
Abstract:
Abstract A new breed of multinational enterprises (MNEs) has risen in recent years, namely MNEs from developing countries.1 These MNEs are emerging primarily out of the rapidly growing developing economies of Latin America and Asia. They are not content with taking the backseat in globalization, but rather seek to exploit the opportunities of globalization to their full extent. These MNEs have succeeded in becoming global leaders in industries such as electronics, advanced services, building materials, financial services, farm equipment, steel production, hotels and hospitality, and con-tract manufacturing. Meanwhile, MNEs like Cemex, Samsung, Hyundai, Infosys, CNPC, Lenovo, Mittal, Tata Group, and Flextronics are rapidly becoming household names in global industries.
Keywords: Foreign Direct Investment; Wind Turbine; Asia Pacific Journal; International Business Study; Indian Firm (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-11475-3_2
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DOI: 10.1057/9780230114753_2
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