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...

This study deals with the outward FDI (OFDI) behaviours of the emerging multinationals from India and China. In the backdrop of changing public policies and economic performance of the home country, it traces the evolution of OFDI by these emerging multinationals over a long period, from early...

The introduction contains a systematic analysis of the rise of Indian OFDI. In doing so, it presents several new perspectives on Indian MNEs, including that Indian firms rely less on outside help and acquire overseas companies; and that there is a distinct regional focus. It also examines why...