swati@isid.org.in
swati.eco.jnu@gmail.com

Swati Verma is an Assistant Professor at the Institute. She has M.Phil. and Ph.D. in Economics from Jawaharlal Nehru University, New Delhi. Her doctoral research mainly focused on studying the impact of FDI on foreign exchange flows in the manufacturing sector of India in the post-reform phase. She qualified NET (UGC) examination and was awarded Junior Research Fellowship (JRF) in 2008.

Her research interests are in the broad areas of Foreign Direct Investment, Intra-firm trade, International Trade and Corporate Sustainability. Also, she is interested in working on technology collaborations and technology transfer issues specifically related to FDI.

She has worked previously on an ICSSR sponsored major project titled as ‘Understanding FDI linked trade through related party transactions: A Study of Manufacturing Foreign Subsidiaries in India’. She was a member of research team in three ICSSR sponsored research programmes titled as ‘India’s inward FDI experience during the post-liberalisation period with emphasis on the manufacturing sector‘, ‘Industrial, Trade and Investment policies : Pathways to Industrialization‘ and ‘India Industrial Development Report 2024-25‘ at ISID. Also, she is a member of research team in an ongoing project on ‘Fostering Green Industrial Transformation in India: Opportunities, Challenges and Policy Lessons’ in a UNU-WIDER-ISID research programme. Presently, she is working on an ICSSR sponsored project titled as ‘Green transition, Innovation efforts and Sustainability reporting: A Study of Large Manufacturing Firms of India‘.

Some of her recent publications are :

Journals

• ‘Evolving Sustainability Reporting and Environmental Performance of Manufacturing Companies: Evidence from India”; Swati Verma & Rajat Panwar, Corporate Governance: The International Journal of Business in Society, Volume 26, Issue 5, April 2026.
• ‘FDI and Foreign Exchange Outflows: Evidence from Current Account Transactions of Manufacturing Foreign Affiliates in India’; Swati Verma, IASSI Quarterly : Contributions to Indian Social Science, Volume 43, Number 2, IASSI Publications, April to June 2024.
• ‘Intrafirm Transactions and Tax Haven Linkages: Evidence from Indian Manufacturing‘; Swati Verma, Transnational Corporations, Volume 30, Number 2, UNCTAD publication,  August 2023.
• ‘Risk-based Audits for Transfer Pricing : Some Key Concerns’; Swati Verma & K. V. K. Ranganathan, Economic & Political Weekly, Vol. 54, Issue No. 45, November 16, 2019.
• ‘Restrictive IPR conditions and Technology Transfer from FDI: Policy concerns in Indian context’; Swati Verma, NLUA Law & Policy Review, Vol.3 no. 3,  Special Issue, 2018.
• ‘Pursuing FDI for Technology :  Is ‘Access’ Enough?’; Swati Verma, Economic & Political Weekly, Volume  LIII no 29, July 21, 2018.
• ‘Current Account Fallout of FDI in Post-reform India: Evidence from Manufacturing Sector’; Swati Verma, Vol. 50, Issue No. 39, Economic and Political Weekly, 26 September 2015.

Working Papers

• ‘Environmental Consciousness in Large Manufacturing Companies in India: Assessing Recent Trends in Reporting and Performance’; Swati Verma and Rajat Panwar, Working Paper no. 289, ISID, December 2024.
• ‘Related Party Trade and Transfers to Tax Havens : A Study of Select Manufacturing Foreign Subsidiaries in India’; Swati Verma, Working paper no. 242, ISID, January 2022.
• ‘Technology Transfer through FDI in India: Mode, Extent and Prospects’; Swati Verma, Working paper no. 231, ISID, October 2020.
• ‘Trade and Current Account Impact of FDI: A Study of Select FDI Manufacturing Firms in India‘; Swati Verma, Working paper no. 205, ISID, December 2018.
• ‘FDI, Technology Transfer and Payments for Know-how : A Case study of Automobile Sector’; Swati Verma and K.V.K. Ranganathan, Working Paper No. 190, ISID, March 2016.
• ‘Foreign Exchange use Pattern of Manufacturing Foreign Affiliates in the Post-Reform India : Issues and Concerns’; Swati Verma, Working Paper No. 183, ISID, August 2015.

Reseach Interests : Foreign Direct Investment, Intra-firm trade, International Trade, Transfer Pricing, Technology transfer, Corporate Disclosures, Corporate sector - ESG & Sustainability