On the Globalness of Emerging Multinationals: A Study of Indian MNEs

16 Pages Posted: 23 Sep 2010

See all articles by Raj Aggarwal

Raj Aggarwal

University of Akron; Federal Reserve Banks - Federal Reserve Bank of Cleveland; Kent State University; Kent State University Foundation

Jaya Prakash Pradhan

Central University of Gujarat; Sardar Patel Institute of Economic & Social Research

Date Written: September 23, 2010

Abstract

Contrary to contentions in prior literature that emerging multinationals are only regional players, the evidence on the globalness of Indian firms presented in this study suggests that a number of emerging multinationals are global firms. Their strategies are targeted at both the developed and developing markets with the intensity of their overseas operations comparable or far greater than those of the world’s leading multinationals. Many of these firms have greater sales or capital assets outside their home base. Indeed, many of them qualify as global firms as they have a significant presence (over 10 percent of sales) in each of the four regions (triad and the non-triad developing regions) and no one region accounts for more than 50 per cent of their global sales. The study of the transformation of emerging multinationals into non-home region players provides considerable potential for better understanding management theories and practices.

Keywords: MNEs, India, Indian FDI, Globalness

Suggested Citation

Aggarwal, Raj and Pradhan, Jaya Prakash, On the Globalness of Emerging Multinationals: A Study of Indian MNEs (September 23, 2010). Available at SSRN: https://ssrn.com/abstract=1681802 or http://dx.doi.org/10.2139/ssrn.1681802

Raj Aggarwal (Contact Author)

University of Akron ( email )

Akron, OH 44325-4803
United States

Federal Reserve Banks - Federal Reserve Bank of Cleveland ( email )

East 6th & Superior
Cleveland, OH 44101-1387
United States

Kent State University ( email )

College of Business Administration
Kent, OH 44242-0001
United States

Kent State University Foundation ( email )

Akron, OH 44325-4803
United States

Jaya Prakash Pradhan

Central University of Gujarat ( email )

At/Po- Matia
Pattamundai
Gandhi Nagar, Gujarat 382029
India

Sardar Patel Institute of Economic & Social Research ( email )

Drive-In Road, Near Doordarshan Tower,
Thaltej
Ahmedabad- Gujarat, 380 054
India
079-26850598 (Phone)
079-26851714 (Fax)

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