Indian joint ventures abroad: geographic and industry patterns

Abstract

Considering the fact that more than two-thirds of the 65 Indian joint ventures abroad have been operating for less than five years, it might be premature to attempt any rigorous economic analysis of these overseas investments, though some preliminary data on the overall economic returns from the successful ones could be indicated. However, enough time has elapsed and enough attempts have been made btj Indian entrepreneurs to invest abroad, to warrant some interim stock-taking, at least to diagnose the patterns of our initial efforts and to learn possible lessons for the future. In this paper it is proposed to pursue two major strands of analyses : (1) a regional analysis of our efforts to invest abroad, and (2) an industry patten of the products and technologies we have attempted to take to these countries.

Interesting patterns are discernible from both these analyses and useful lessons could be drawn for the future.