Contents: Foreword/A.K. Seth. Preface. 1. Foreign investment: the policy challenge for developing countries. 2. Significance of foreign investment in emerging economies and the globalisation process. 3. Foreign direct investment and the economic development of host countries. 4. India’s policy towards foreign capital: the changing scenario. 5. Statistical profile and analysis of the foreign investment in India. 6. Investment by Non-Resident Indians. 7. Foreign institutional investors and the stock market development in India. 8. Euro issues: emerging post-liberalisation phenomenon. 9. External commercial borrowings by India. 10. Tax related issues in foreign investment. 11. Determinants of foreign investment in India. 12. Determinants of foreign portfolio investment in India. 13. Impact of foreign direct investment on the Indian economy. 14. The emerging WTO regime and foreign investment in India. 15. Foreign investment in India: retrospect and prospect. Annexure. Bibliography. Index.

"In a world of intensifying competition and technological change, the complementary and catalytic role of foreign capital is very valuable for India. This book presents an emerging scenario in India with regard to different types foreign capital inflows. It examines the trends and patterns of foreign investment in India in the pre and post liberalization periods vis-à-vis the major policy changes during these periods. It estimates the dependence of Indian Corporate Sector on the foreign sources and analyses in detail the performance of Indian subsidiaries of foreign companies operating in India. The book points out to the possible implications for policies while identifying the factors which influence the foreign capital inflows in India. The book also suggests a strategy to be followed while analyzing the impact of emerging WTO regime on the inflow of foreign investment in India.

This book would be of use to all interested in the study of foreign investment in India and to policy-makers and students of management, commerce and economics." (jacket)