The determinants of outward foreign direct investment: a firm‐level analysis of Indian manufacturing

Foreign establishment mode: determinants in the case of Indian multinational Tata Group

“…También cuando lo trasladamos al contexto internacional (Pradhan, 2004). La evidencia empírica nos señala que las industrias intensivas en tecnología atraen un volumen importante de inversión (Anand & Delios, 2002).…”

“…Finalmente, algunos estudios anteriores sobre empresas indias han identificado una fuerte relación entre las exportaciones a un determinado país y la inversión directa hacia el mismo (Kumar, 2007;Pradhan, 2004). Estas exportaciones pueden proveer al inversor de información interesante sobre los mercados y las ventajas de producir en el exterior (Balasubramanyam & Forsans, 2010).…”

Indian Direct Investment in Developing Countries: Emerging Trends and Development Impacts

“…Yet, a greater part of Indian OFDI in 1990s is accounted by Indian service companies (nearly 40 of Indian OFDI stock) and is relatively developed region oriented in character. Since the study done by Pradhan (2004) is confined to the manufacturing sector alone and the fact that manufacturing claims for a major chunk of Indian FDI flows into developing region, his empirical results may broadly be valid for Indian investing firms active in developing region.…”

“…The formal R&D intensity of Indian outward investing firms did not possess any significant statistical power in explaining inter-firm differences in OFDI position. The study by Pradhan (2004) that belongs to the 1990s has explored the issue of determinants for a large number of Indian companies and considered largest number of possible causal factors. The study has further confirmed that Indian OFDI at the firm level is positively influenced by firm age and size up to a critical point.…”

How do Indian Multinationals Affect Exports from Home Country?

“…Outward foreign direct investment (OFDI) has emerged as an important mode of internationalization by Indian enterprises during 1990s (UNCTAD, 2004(UNCTAD, , 2005(UNCTAD, , 2006Pradhan 2003Pradhan , 2004Pradhan , 2005Pradhan , 2007Pradhan and Sahoo 2005;Sauvant 2005). With growing number of Indian firms expanding overseas through large-scale direct investment, the role of Indian multinationals in international production has come of age.…”