ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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A Comparison of India with China

US and Japanese MNC Affiliates

This article compares various indicators of economic activities of Japanese and United States multinational corporation affi liates in India and China using unique affi liate-level data. It fi nds that while Japanese MNCs in India follow the typical multinational expansion strategy in an emerging economy with a focus on the transport equipment industry, their American counterparts are concentrated more in information technology-related services, strengthening service-led growth of the Indian economy. 

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