The role, nature and contribution of Indian emerging market multinational companies in African countries

Date

2023-10-04

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Article

ISSN

2322-0937

Format

Free to read from

Citation

Horwitz FM, Ronnie L, Kamoche K. (2023) The role, nature and contribution of Indian emerging market multinational companies in African countries. South Asian Journal of Human Resources Management, Volume 10, Issue 2, December 2023, pp. 184-203

Abstract

This article examines factors pertaining to the development of Indian emerging market multinational companies (EMNCs) in African countries. India is a member of the BRICS grouping of developing countries, the others being Brazil, China, Russia and South Africa. Therefore, understanding its role, scale and dynamics of internationalising in the African context is particularly important. The following key areas are examined: the historical and socio-economic context, internationalisation strategies of Indian MNCs in African countries, home and host country factors, labour markets in host countries and human resource management (HRM) approaches of selected Indian EMNCs in particular African countries. Most work on international business and international HRM in Africa focuses on the Sino-Africa nexus. Both China and India are members of the BRICS grouping but have followed different trajectories in internationalising in the African context. This analysis helps fill a gap by evaluating the Afro-Indian relationship in business, particularly EMNCs from India. The analysis finds the following abiding themes in the historical connections and relationships of Indian EMNCs: the role of family-owned businesses, human resource development and long-term host country commitment.

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Software Description

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Github

Keywords

Indian multinational companies, internationalisation, growth and development, African context

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Attribution 4.0 International

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