Building Indian Multinationals: Can India ‘Pick Up the Winners’?

Pradhan, Jaya Prakash (2003): Building Indian Multinationals: Can India ‘Pick Up the Winners’?

Abstract

This paper traces the evolution of Indian industrial policy and compared it with the picking up the winners (PUW)industrial policy adopted by many industrialized and industrializing countries. The study found that Indian industrial policy still lack the sectoral and firm-level targeting which was crucial in the emergence of third country enterprises as leading global players. India must rethink its industrial strategy if it wants to build its own multinationals.

• Item Type: MPRA Paper
• Language: English
• Keywords: Industrial Policy; Multinationals
• Subjects: F - International Economics > F2 - International Factor Movements and International Business > F23 - Multinational Firms ; International Business; L - Industrial Organization > L5 - Regulation and Industrial Policy > L52 - Industrial Policy ; Sectoral Planning Methods

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