'AN EFFECTIVE ENRTY STRATEGY TO ENTER INTO INDIAN AUTOMOBILE MARKET’

The world economy has observed tremendous changes in way businesses are expanding globally in the last three decades and ‘Foreign Direct Investment’ is the main reason behind this change. Multinational companies looks upon FDI as a major catalyst to fulfill their financial, technical, employment gen...

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Main Author: Patil, Gaurank
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2013
Online Access:https://eprints.nottingham.ac.uk/26700/
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author Patil, Gaurank
author_facet Patil, Gaurank
author_sort Patil, Gaurank
building Nottingham Research Data Repository
collection Online Access
description The world economy has observed tremendous changes in way businesses are expanding globally in the last three decades and ‘Foreign Direct Investment’ is the main reason behind this change. Multinational companies looks upon FDI as a major catalyst to fulfill their financial, technical, employment generation and competitive efficiency requirements. The highly developing South Asian country, India, has attracted an ample number of multinational companies from various countries. In FY2012 - 13, the country has attracted FDI of around US$46.8b from various sectors, in which Automobile industry contributes the third largest share after service industry and telecommunication. It is expected that India will be among the top five auto-producers in the world by 2015 because of various factors, like increasing incomes, growing the middle class and young population, greater availability of credit and financial options and strong demand growth. To grab a piece of cake from the Indian market, many foreign auto manufacturers entered Indian market via various entry modes. To compete with such highly competitive market, selection of entry mode plays vital role. In this study, we will examine ‘Indian Automobile Industry’ to determine the effectiveness of transaction cost theory, Institutional theory and Cultural theory on entry strategy choices. Transaction cost analysis (TCA) has been most followed in previous research. Along with transaction cost factors, we will be considering institutional factors and cultural factors as well. An influence of transaction, institutional and cultural cost together on firm’s entry mode and its performance will be determined.
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spelling nottingham-267002022-03-21T16:11:15Z https://eprints.nottingham.ac.uk/26700/ 'AN EFFECTIVE ENRTY STRATEGY TO ENTER INTO INDIAN AUTOMOBILE MARKET’ Patil, Gaurank The world economy has observed tremendous changes in way businesses are expanding globally in the last three decades and ‘Foreign Direct Investment’ is the main reason behind this change. Multinational companies looks upon FDI as a major catalyst to fulfill their financial, technical, employment generation and competitive efficiency requirements. The highly developing South Asian country, India, has attracted an ample number of multinational companies from various countries. In FY2012 - 13, the country has attracted FDI of around US$46.8b from various sectors, in which Automobile industry contributes the third largest share after service industry and telecommunication. It is expected that India will be among the top five auto-producers in the world by 2015 because of various factors, like increasing incomes, growing the middle class and young population, greater availability of credit and financial options and strong demand growth. To grab a piece of cake from the Indian market, many foreign auto manufacturers entered Indian market via various entry modes. To compete with such highly competitive market, selection of entry mode plays vital role. In this study, we will examine ‘Indian Automobile Industry’ to determine the effectiveness of transaction cost theory, Institutional theory and Cultural theory on entry strategy choices. Transaction cost analysis (TCA) has been most followed in previous research. Along with transaction cost factors, we will be considering institutional factors and cultural factors as well. An influence of transaction, institutional and cultural cost together on firm’s entry mode and its performance will be determined. 2013-09-20 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/26700/1/GP-MScIB.pdf Patil, Gaurank (2013) 'AN EFFECTIVE ENRTY STRATEGY TO ENTER INTO INDIAN AUTOMOBILE MARKET’. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Patil, Gaurank
'AN EFFECTIVE ENRTY STRATEGY TO ENTER INTO INDIAN AUTOMOBILE MARKET’
title 'AN EFFECTIVE ENRTY STRATEGY TO ENTER INTO INDIAN AUTOMOBILE MARKET’
title_full 'AN EFFECTIVE ENRTY STRATEGY TO ENTER INTO INDIAN AUTOMOBILE MARKET’
title_fullStr 'AN EFFECTIVE ENRTY STRATEGY TO ENTER INTO INDIAN AUTOMOBILE MARKET’
title_full_unstemmed 'AN EFFECTIVE ENRTY STRATEGY TO ENTER INTO INDIAN AUTOMOBILE MARKET’
title_short 'AN EFFECTIVE ENRTY STRATEGY TO ENTER INTO INDIAN AUTOMOBILE MARKET’
title_sort 'an effective enrty strategy to enter into indian automobile market’
url https://eprints.nottingham.ac.uk/26700/