Publication Type
Book Chapter
Version
publishedVersion
Publication Date
1-2012
Abstract
As late as 2001, Indian outward investment was less than US $1 billion. Instead, India, like all developing countries, was actively courting foreign investment into the country. By 2006, India had reached the tipping point. For the first time, Indian outward investment of US $10 billion had outstripped foreign investment into India. The spending spree continued unabated in 2007. Indian companies arranged or concluded US $21 billion in 40 foreign investment deals in January and February of 2007 alone. Moreover, Indian foreign investment in the financial year closing 31 March 2007 exceeded the cumulative total foreign investment by Indian companies in the 58 years between its independence in 1947 and 2005.
Discipline
Asian Studies | Marketing
Research Areas
Marketing
Publication
India: Acquiring its way to a global footprint
Editor
Suseela Yesudian
First Page
viii
Last Page
x
ISBN
9780230363533
Identifier
10.1057/9780230363533
Publisher
Palgrave Macmillan
City or Country
Basingstoke
Citation
KUMAR, Nirmalya.
Preface. (2012). India: Acquiring its way to a global footprint. viii-x.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/5193
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1057/9780230363533