The purpose of the study is to heighten intrinsic advantages, dis-advantages, being enjoyed by emerging country firms and the motivational factors that influence multinational enterprises (MNEs) to establish long-lasting relationship with emerging economies. The study also highlights the steps initiated by India by executing reform friendly foreign direct investment policy to attract foreign investments.
The study is descriptive in nature, based on secondary data, sourced from various reports of India Government and the Central Bank of India.
The Indian economy has undergone profound and substantial liberalization and made sweeping reforms in most of its sectors besides adopting internationalization policy agendas to upkeep their domestic firms in “going global”. However, India needs to amend the existing restrictive labour and land laws besides providing efficient employable workforce. India further needs a less cash economy, which ultimately marches into digitized credit system to build India as one of the best attractive countries in the eyes of global investors.
As the study is based on secondary data, it may be general, in explicit and may not be perfect in concluding decision.
MNEs play a major force in driving globalization of the world economy. However, MNEs face a variety of complex and multiple challenges in establishing strategic control over emerging economies. In spite of all odds, MNEs generate and capture value to host country firms by applying unique business models besides combining with or buying a foreign business.
Investment flows to India for the past 15 years (2005-2019) are critically analysed to justify research questions. Further, in the literature “Preparedness of India”, a lot of new interesting insights, incorporated.
Since 1975, the author has been associated with number of people having immense calibers from both industry and academics. Their contributions are unmeasurable. The author feels proud to record that he had several opportunities to work with exceptionally experienced economists, management professionals. Dr C Manohar, his research guide, Dean and Director of ISBR Business School, Bangalore, has made all-round assistance in helping the author reach at this level. The author thanks Prof J Phillip, President, Xavier Institute of Management, Bangalore, for his constant inspiration and encouragement. The authors would like to express sincere gratitude to IBA, CEO Mr Manish Jain for providing excellent environment, infrastructure and for extending his valuable support through the course of my research study. It is the author’s pleasure to convey gratitude to all of them in his humble acknowledgement.
Compliance with ethical standard.
Funding: The study is not funded.
Conflict of interest: The author declares that he has no conflict of interest.
Ethical approvals: This paper does not contain any studies performed by human or animals participants.
Bhattacheryay, S. (2020), "Multinational enterprises motivational factors in capitalizing emerging market opportunities and preparedness of India", Journal of Financial Economic Policy, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/JFEP-01-2019-0010Download as .RIS
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