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There are a number of reasons why the multinational companies are coming down to India. India has got a huge market. It has also got one of the fastest growing economies in the world. Besides, the policy of the government towards FDI has also played a major role in attracting the multinational companies in India. For quite a long time, India had a restrictive policy in terms of foreign direct investment. As a result, there was lesser number of companies that showed interest in investing in Indian market. However, the scenario changed during the financial liberalization of the country, especially after 1991. Government, nowadays, makes continuous efforts to attract foreign investments by relaxing many of its policies. As a result, a number of multinational companies have shown interest in Indian market.
Wiki User
∙ 12y ago
Wiki User
∙ 6y agoWhen liberalization was done in 1991, that opened the Indian economy and improved the Indian infrastructure and technology. This furthered growth of MNCs in India.
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Which all mncs failed in India?
Peugeot failed in the 90's
Who contributes to the growth of India?
the people of India
Is Indian economy boon or bane to Indian economy?
i of the view that mnc's are the way to move forward. rout which India would have been a failed state in the early 90's. when India was seein only unemplyed ppl on every parapet walls the opening gave them colour to life..... ppl were given jobs. if we need to l compete with other nations we need to have the back up of the mnc's.thus mnc's are a boon to be more precise god in disguise...
What is the population growth rate of India today?
population growth rate of India--- 1.578% current population---- 1,147,995,904(Jul.2008) population growth rate of India--- 1.578% current population---- 1,147,995,904(Jul.2008)
What is current NDP of India?
The current NDP of India in regards to its economic growth rate is determined to be at one percent for this quarter in growth.
How many multinational companies in India?
in india, 21.. and in world, 6500 MNCs
Which all mncs failed in India?
Peugeot failed in the 90's
What is the Importance of mncs in India?
to increase the employment and get the technology from other countries and give the products to all countries
How many MNC'S in India?
A recent study has ranked country's top 10 multinational companies (MNCs) by revenue.
What is the role of multinational companies in your Indian economy?
There is no distinction between an MNCs & a domestic company in India policy regarding MNCs is the same as for Foreign Private Capital in indie. Large & dominant MNCs along with Indian Companies are covered under MRTP Act. MNCs are specifically covered under Foreign Exchange Management Act (FEMA).Now, we study the operation of MNCs in India:1.) Profit Maximisation.2.) International Network of marketing.3.) Diversification Policy.4.) Concentration in Consumer goods.5.) Location of central control offices.6.) Techniques to achieve Public Acceptability.7.) Existence of Modern & Sophisticated Technology.8.) Business but not social Justice.9.) MNCs & Process of planned Economic Development in India.10.) Cultural Explosion.Read more: What_is_the_role_of_Multinational_companies_in_India
What are the causes of rapid population growth in India?
There is only one real reason - lack of birth control.
List of MNC?
larsen & turbo hewiit associates HP ramson, etc ...,. no one cares.... MNCs are boring
Future benefits of MNC in India?
Multinational corporations, or MNC, benefit India by bringing in large amounts of foreign capital for investments. MNCs also help raise the level of expertise in a country by bringing in experts from other areas. Beyond that, MNCs can also create competition locally that will benefit innovation and consumers.
Economic growth of India in 2008?
economic growth of India in 2008
Advantages of multinational companies for India?
With arrival of mncs in India, the basic infrastructure will have a sea change to which the whole country will be immensely benefitted. The customers will get quality products even at cheaper price. Thought the main objective of the mncs is profit maximization, their presence will be greeted with applause. With bue back arrangement, they can also help to bring in foreign exchange for the country.
How did imperialism contribute to unity in the growth of nationalism in India?
How did Imperialism contribute to unity and the growth of nationalism in India? How did imperialism contribute to unity and the growth of nationalism in india?
Who contributes to the growth of India?
the people of India
