| Type | Guest lectures |
| Event | Guest Lectures on India’s Inward and Outward FDI |
| Organized by | Indian Institute of Management Lucknow |
| Location | Lucknow, India |
| Date | August 6–7, 2007 |
| Slides | Download the presentation (PDF) |
Guest lectures delivered to PGPM students at the Indian Institute of Management Lucknow (August 6–7, 2007).
In short: A comprehensive teaching overview of foreign direct investment in India — both the investment flowing in and the investment Indian firms send abroad — covering the concepts, the policy history, and the economic impacts.
About the lectures
Delivered to management students at IIM Lucknow, these guest lectures gave a thorough grounding in foreign direct investment in the Indian context — covering both inward and outward FDI, the evolution of policy, and the economic effects, supported by empirical data and research findings.
What the lectures covered
- FDI fundamentals — the distinction between FDI and portfolio investment, how FDI is measured (stocks vs flows), and the main theoretical frameworks (product-cycle theory, the eclectic/OLI approach).
- India’s outward FDI evolution — two policy phases (restrictive 1978–1992, liberal from 1992), and the shift from a First to a Second Wave of overseas investment.
- India’s inward FDI trends — the evolution of policy from 1948 onward, the gap between approved and actual inflows, and the sectoral and source-country composition.
- Economic impacts — direct contributions, spillovers and technology transfer, R&D implications, and export performance, with mixed evidence on productivity spillovers.
Get the slides
The full presentation is available as a PDF:
⇩ Download the presentation (PDF)
Related research on this site
These lectures draw on the author’s broader work on FDI in India:
- India’s FDI Journey: What Opened the Door, and What Brings Investors In — on inward FDI policy, trends, and determinants (Radhakrishnan & Pradhan).
- India Goes Global: The Rise and Evolution of Indian Multinational Enterprises — on the evolution of outward FDI.