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Building Indian Multinationals: Can India ‘Pick Up the Winners’?

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  • Pradhan, Jaya Prakash

Abstract

This paper traces the evolution of Indian industrial policy and compared it with the picking up the winners (PUW)industrial policy adopted by many industrialized and industrializing countries. The study found that Indian industrial policy still lack the sectoral and firm-level targeting which was crucial in the emergence of third country enterprises as leading global players. India must rethink its industrial strategy if it wants to build its own multinationals.

Suggested Citation

  • Pradhan, Jaya Prakash, 2003. "Building Indian Multinationals: Can India ‘Pick Up the Winners’?," MPRA Paper 12403, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:12403
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    File URL: https://mpra.ub.uni-muenchen.de/12403/1/MPRA_paper_12403.pdf
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    References listed on IDEAS

    as
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    3. Sanjaya Lall, 1996. "Learning from the Asian Tigers," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-38989-2.
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    5. Brander, James A. & Spencer, Barbara J., 1985. "Export subsidies and international market share rivalry," Journal of International Economics, Elsevier, vol. 18(1-2), pages 83-100, February.
    6. Peter Nolan, 2001. "China and the Global Business Revolution," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-52410-1.
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    Cited by:

    1. Nayyar, Rishika & Mukherjee, Jaydeep, 2020. "Home country impact on Outward FDI from India," Journal of Policy Modeling, Elsevier, vol. 42(2), pages 385-400.

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    More about this item

    Keywords

    Industrial Policy; Multinationals;

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods

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