FDI has been one of the most preferred means of
Internationalisation for firms in the developing
economies. The significant emergence of MNEs from
the developing economies has attracted academicians’
interest across the globe. Inward FDI signals country’s
attractiveness to the foreign investors whereas outward
FDI signals country’s competence to venture beyond
domestic boundary. OFDI from India has increased
sharply since the beginning of the 2000s. An attempt
is made of identify country-specific push factors
encouraging Indian overseas investments for the
period 1991-2014 using time series data. The study
considers the eclectic paradigm of Dunning framework
and four main FDI motivations.
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