Indian FDI has been rapidly growing into developed region. As a result, developed region emerged as the largest host to Indian investment during 2000-07. An increasing number of firms from a wide range of economic activities are now undertaking FDI projects into developed countries. Considering...

In this paper, I present novel empirical evidence in support of the idea that FDI firms can act as an important driver of regional growth, by acting as a source of new knowledge and technologies to local suppliers in a host economy. For the analysis, I use unique firm level data that I obtained...