Indian overseas direct investment in services sector: a study on emerging trends and patterns Online publication date: Tue, 04-Jan-2022
by Sivalingam Veeramani; Anam
International Journal of Comparative Management (IJCM), Vol. 4, No. 1, 2021
Abstract: This paper is an analytical study of the recent trends and patterns of Outward Foreign Direct Investment (OFDI) from India focusing on the services sector. The study uses firm-level OFDI data from the Reserve Bank of India from 2008 to 2018 to analyse Indian services OFDI growth, composition, destination, mode of entry and ownership participation. We have found a rapid growth in services OFDI from India, majorly driven by investments in financial and business services. It is found highest in Singapore, Netherland and Mauritius with an increasing share in other diverse markets such as the UAE and Switzerland. Wholly owned subsidiaries are the most preferred choice for expansion in overseas markets. However, mergers and acquisitions (M&A) have also emerged as an attractive choice for Indian services firms to strategically expand their businesses globally. The paper also highlights key M&As held abroad by Indian services firms in recent years.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Comparative Management (IJCM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook