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Growth of Indian Multinationals in the World Economy: Implications for DevelopmentJaya Prakash PradhanCentral University of Karnataka - Department of Economic Studies & Planning - School of Business Studies; Sardar Patel Institute of Economic & Social Research March 2007 ISID Working Paper No. 2007/04 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.
Number of Pages in PDF File: 64 Keywords: Indian Multinationals, Indian Outward FDI JEL Classification: F14, F23 working papers seriesDate posted: November 30, 2009Suggested CitationContact Information
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