Growth of Indian Multinationals in the World Economy: Implications for Development

Jaya Prakash Pradhan

Working Papers from Institute for Studies in Industrial Development (ISID)

Abstract: The importance of Indian multinationals in the world economy has been growing significantly since 1990s. An increasing number of Indian firms across wide range of sectors are undertaking large overseas projects and their focus is gradually shifting towards developed countries. Until then, OFDI from India was confined to a small number of family-owned firms primarily investing in developing countries through joint-ownership arrangement. These changing natures of Indian OFDI are likely to have a number of implications for the development of both host and home country. This study had explored some of these issues relating to the growth of Indian multinationals.

Keywords: Multinationals; Outward FDI (search for similar items in EconPapers)
JEL-codes: F14 F23 (search for similar items in EconPapers)
Pages: 58 pages
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Citations: View citations in EconPapers (8)

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Working Paper: Growth of Indian Multinationals in the World Economy: Implications for Development (2007)
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