ABSTRACT

The present study examined the industrial distribution, characteristics, and performance of foreign controlled enterprises (FCEs) in the Indian manufacturing sector. The specific objectives of the study were: (1) to compute shares of FCEs in overall and individual manufacturing industries; (2) to analyse the determinants of the inter-industry variation in foreign shares; (3) to examine the discriminating characteristics of FCEs and locally controlled enterprises (LCEs); (4) to analyse the determinants of profit margins of FCEs and LCEs; and (5) to analyse the relative export behaviour of FCEs. This chapter summarizes the major findings of the study, their implications, and limitations.