new economic policies since 1991 Chaudhuri, Sudip creator text xu| 1995 continuing ng p.999-1011 "This paper focuses on the direct investment activities of TNCs (Transnational Corporations) in the manufacturing sector in India in the context of the new economic policies. The official policies on foreign direct investment since 1991 are discussed and their implications are analysed, especially the response of TNCs and the impact on indigenous forms. The author attempts to prove whether TNCs are responding to the new economic policies by investing primarily for the export market or for the domestic market and examines the future prospects for export oriented foreign investment" International business enterprises - India Economic assistance, Foreign - India World Investment Report, 1993 India - Economic policy Economic and Political Weekly 180718