Trends in Foreign Direct Investment from India (1950-1982)

Foreign direct investment from India is not a marginal phenomenon. It is quite sizeable relative to foreign direct investment into India and private corporate investment in India. It is also quite comparable with the magnitudes of foreign direct investment of the newly industrialising countries and...

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Published in:Economic and political weekly 1987-11, Vol.22 (46), p.1963-1969
Main Author: Sebastian Morris
Format: Article
Language:English
Subjects:
Capitalism
Developing countries
Equity
Financial investments
Foreign direct investments
Investment subsidies
Joint ventures
Service industries
Share capital
Special Articles
Subsidiary companies
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container_end_page 1969
container_issue 46
container_start_page 1963
container_title Economic and political weekly
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creator Sebastian Morris
description Foreign direct investment from India is not a marginal phenomenon. It is quite sizeable relative to foreign direct investment into India and private corporate investment in India. It is also quite comparable with the magnitudes of foreign direct investment of the newly industrialising countries and some small developed capitalist countries. Foreign direct investment from India has grown steadily since the mid-sixties. However, there has been a distinct slackening of the rate of growth since 1979-81. The author is of the view that transnationalisation of the Indian private corporate sector is not too insubstantial. The Indian capitalist class has 'come of age' and is undertaking industrial ventures abroad in its drive towards capital accumulation. [This paper has been published in two parts. The first part appeared last week.]
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ispartof Economic and political weekly, 1987-11, Vol.22 (46), p.1963-1969
issn 0012-9976
2349-8846
language eng
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source JSTOR Archival Journals
subjects Capitalism
Developing countries
Equity
Financial investments
Foreign direct investments
Investment subsidies
Joint ventures
Service industries
Share capital
Special Articles
Subsidiary companies
title Trends in Foreign Direct Investment from India (1950-1982)
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