Case Code : CLIBE050
Publication date : 2005
Subject : Business Environment
Length : 03 Pages
Short Case Study Price: INR 50;
The core of this caselet is the opening up of the Indian market for foreign investments. It explains how the Government of India tried to protect Indian joint venture partners through Press Note 18. It focuses on the misuse of the provisions of this Press Note by Indian joint venture partners and discusses the replacement of Press Note 18 with Press Note 1. The impact of the scrapping of Press Note 18 on Indian firms is also examined.
Questions for Discussion:
1. What are the advantages of scrapping Press Note 18?
2. The scrapping of Press Note 18 prevents the Indian JV partner from misusing its provisions but at the same time puts them in danger. Explain.
Foreign direct investments (FDI), joint ventures (JVs), Government of India (GoI), Foreign Investment Promotion Board (FIPB), information technology, international financial institutions, mining, collaborations, Project Approval Board (PAB), arbitrator, Press Note 18, Press Note 1
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