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FORIGN DIRECT INVERSTMENT IN INDIA (FDI) PROBLEMS AND PROSPECTS
Dr. Vikas Verma
Abstract:
With a view to bringing the present FDI reporting system of RBI in alignment with the international reporting system Government, in consultation with RBI, had Constituted a Committee comprising officials from RBI and the Department of Industrial Policy and Promotion (DIPP), in May 2002 to study the conceptual and methodological issues, including data gaps involved and make necessary recommendations to strengthen the collection, compilation and reporting of FDI data. Some firms establish the manufacturing; distribution and servicing facilities in foreign countries when exporting and licensing strategic alternatives are available. Exporting and licensing strategies are explained. in detail in an at a Seminar in Washington D.C. in international Strategic Management. Companies produce goods at home and transport them to foreign countries for sale under exporting strategy. Firms grant the right to produce and sell the firm's products for a royalty fee to the foreign companies under licensing.