Internationalization of Indian Engineering, Procurement and Construction Firms
Published: 2020
Author(s) Name: Som Sekhar Bhattacharyya, Vinay Raghuwanshi, Kavya S Mohan, Arjun V Prasad, Krishna Murari, Arnab S. |
Author(s) Affiliation: National Institute of Industrial Engineering (NITIE), Mumbai, Maharashtra, India.
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Abstract
Globalization and associated economic
expansion worldwide have created increased
demand for infrastructure
projects across various sectors in the
Middle East, Latin American, Asian and
African countries. In India, the role
played by the private sector in infrastructure
development has increased a
lot more than in other sectors. Indian
EPC firms have successfully tapped the
market potential in international markets
across oil and gas, construction,
telecom and power sectors. The authors
have carried out an empirical and
qualitative study with EPC experts. Interviews
were conducted with professionals
who have been managing international
EPC market operations. The
authors’ content analyzed the data to
arrive at thematic findings, discussed
the strategy, scope and challenges faced
by Indian EPCs during internationalization.
Keywords: N.A.
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