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Outward Foreign Direct Investment from India

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  • Prema-chandra Athukorala

Abstract

This paper examines emerging patterns and economic implications of Indian foreign direct investment against the backdrop of the evolving role of developing country firms (emerging multinational enterprises) as an important force of economic globalization. The novelty of the analysis lies in its specific focus on the implications of changes in trade and investment policy regimes and the overall investment climate for internationalization of domestic companies and the nature of their global operations. The findings cast doubt on the popular perception of the recent surge in outward foreign direct investment from India as an unmixed economic blessing, given the remaining distortion in the domestic investment climate.

Suggested Citation

  • Prema-chandra Athukorala, 2009. "Outward Foreign Direct Investment from India," Asian Development Review (ADR), World Scientific Publishing Co. Pte. Ltd., vol. 26(02), pages 125-153, December.
    • Handle: RePEc:wsi:adrxxx:v:26:y:2009:i:02:n:s0116110509500139
    DOI: 10.1142/S0116110509500139
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    Cited by:

    1. Prema-chandra Athukorala, 2009. "Trends and Patterns of Foreign Direct Investments in Asia," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 3(4), pages 365-408, October.
    2. Mazumdar, Surajit, 2011. "Continuity and Change in Indian Capitalism," MPRA Paper 38907, University Library of Munich, Germany.
    3. Mazumdar, Surajit, 2010. "Big Business and Economic Nationalism in India," MPRA Paper 28160, University Library of Munich, Germany.
    4. Ramya T. Venkateswaran, 2023. "Is there an illusion of symmetry in cultural distance from Asia–pacific Emnes? the role of business groups in navigating cultural distance through ambidextrous learning," Asia Pacific Journal of Management, Springer, vol. 40(3), pages 1169-1215, September.
    5. Patel, Parth & Bhanugopan, Ramudu & Sinha, Paresha & Prikshat, Verma & Boyle, Brendan, 2024. "Home country and firm-specific advantage influences on HRM replication versus adaptation in EMNEs operating in advanced economies: A qualitative comparative analysis," Journal of Business Research, Elsevier, vol. 170(C).

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