How do MNCs help in the growth of the local companies?
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Large MNCs set up production units jointly with local companies in a country. Many a times, they buy local companies and then start expanding their production activities. They give orders small producers and groups for production.
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MNCs are spreading their production and interacting with local producers in various countries across the globe. (ii) By setting up partnerships with local companies. (iii) By using the local companies for supply. (iv) By closely competing with the local companies or buying them.
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