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The emergence of Indian multinationals : an empirical study of motives, current status, and trends of Indian investment in Germany
Publikationstyp
Book Part
Date Issued
2010
Sprache
English
Author(s)
Herausgeber*innen
TORE-URI
Start Page
233
End Page
253
Citation
The Rise of Indian Multinationals : Perspectives on Indian Outward Foreign Direct Investment. - Palgrave Macmillan, 2010. Seite 233-253
Publisher DOI
Scopus ID
Publisher
Palgrave Macmillan
Peer Reviewed
true
India, of late, has emerged as a major source of foreign direct investment (FDI). A recent study by IBM Global Business Services ranked India sixth worldwide in terms of overseas jobs creation in 2007 and 2008, ahead of China (IBM 2009a). Within a span of just eight years, from 2000 to 2008, India’s outward FDI (OFDI) stock has grown over 33-fold, from about US$1.9 billion to US$61.8 billion (United Nations Conference on Trade and Development 2009b). The Reserve Bank of India registered further outflows of US$10.6 billion in the first nine months of 2009 (Reserve Bank of India 2009, 2010). This growth is even more remarkable when contrasted with the meager US$124 million of OFDI stock that India held in 1990 (United Nations Conference on Trade and Development 2009a).
Subjects
Foreign Direct Investment
Host Country
Location Selection
Outward Foreign Direct Investment
Annual Turnover
DDC Class
330: Wirtschaft