EMNEs venturing into advanced economies: Findings from comparative cases of two Indian MNEs

Indian firms are challenged by the latecomer disadvantages faced by emerging-market multinational enterprises (EMNEs) in general. These challenges notwithstanding, Indian firms are doing cross-border acquisitions (CBAs) in developed regions. Analyzing firm-level secondary data of two Indian MNEs—namely, Motherson Sumi Systems Limited and Rain Industries Limited—that show significant developed region–based revenues and assets, we link extant and...