Efficiency and market demand: Indian and foreign corporate sector in India
- 1999
- p.1948-954
- 10 Jul
As the Indian economy is opened to entry of foreign firms, the question of Indian firms' competitiveness becomes important. This article examines the importance of firm-specific factors to competitiveness and the parameters for assessing competitive advantage. A comparison of performances of Indian and foreign private sector firms operating in India shows that foreign firms are more efficient, especially in resource use. - Reproduced