How do local companies benefited from MNCs?
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Local companies benefit by collaborating with MNCs: ... MNCs can finance the additional investments for the local companies like buying new machinery for faster production. 2. MNCs may provide the companies the latest technology for efficient production as MNCs have an international outreach.
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The following are the benefits for local companies by entering into joint production with the MNCs:
1. MNCs help finance additional investment such as new machines, etc.
2. MNCs help in the upgradation of technology for the local companies.
3. MNCs Create new opportunities for local companies provide services like IT sector.
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