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Degree of Internationalization and Old Economy Firms in the Indian Context: A Perspective

In: Impacts of Emerging Economies and Firms on International Business

Author

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  • Ajay Kumar Singal
  • Arun Kumar Jain

Abstract

Ever since the opening up of the Indian economy in 1990–1991, firms started pursuing internationalization opportunities. Using outward foreign direct investment (OFDI) as an indicator, we can argue that there is a continuous trend of active internationalization of Indian firms. OFDI stock from India for the period 2000–2009 reached US$75 billion (World Investment Report, 2010) whereas it was only US$700 million in 1990–1999.

Suggested Citation

  • Ajay Kumar Singal & Arun Kumar Jain, 2012. "Degree of Internationalization and Old Economy Firms in the Indian Context: A Perspective," Palgrave Macmillan Books, in: Marin A. Marinov & Svetla T. Marinova (ed.), Impacts of Emerging Economies and Firms on International Business, chapter 6, pages 107-125, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-03254-6_6
    DOI: 10.1057/9781137032546_6
    as

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