[PDF] Investing in French Overseas Companies: A Bad Deal? The

What are the recent developments in Indian outward foreign direct investment (OFDI)?

• This paper reviews the recent developments of Indian outward foreign direct investment (OFDI), which has been expanding rapidly, against the backdrop of liberalization and openness policies that have been instituted since the 1990s.

How will India affect private equity?

• An increase in allocation to private equity by India-based investors, and regulatory actions to incentivize pooling of funds in India, could result in a significant increase in fund-raising by locally domiciled fund managers. India attracts more than 2 percent of global private-market investment, two-thirds of which goes to private equity.

Are Indian firms assuming investment in foreign markets sooner?

• This may indicate that an increasing number of Indian firms are assuming investment in foreign markets sooner, contrary to the prediction of the Uppsala model (Johanson and Vahlne, 1977) in which the internationalization of firms is a gradual process.

What is the investment intensity in India?

• Investment intensity in India continues to be strong relative to most emerging markets. Includes private-equity, venture capital, and real estate investments. Private equity includes buyouts, private investment in public equity (PIPE), expansion, turnaround, mezzanine/pre-IPO, and bridge loans.