List of indian companies which have ventured with foreign companies and it's benefits
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COMPANIES THAT HAVE ENTERED INTO JOINT VENTURE ARE:
"Mittal Atcelt"
"Ford-Tata"
"Maruthi – Suzuki"
BENEFITS OF JOINT VENTURE
*Your business will get new geographic markets and their list of customers.
* Your profit will be shared and the loss too. Sharing of loss is the biggest advantage.
*There will be a reduction in competition.
*Joint ventures are happening between conglomerates, the risk involved is high. But, it gets reduced when it is shared.
*The capital invested too are also high and even this gets reduced when it is shared.
*The cost of production and marketing” too will be minimized because it is shared.
*Using technology, joining with foreign countries will help us to get access to use their improved technology which will improve our production.
"Mittal Atcelt"
"Ford-Tata"
"Maruthi – Suzuki"
BENEFITS OF JOINT VENTURE
*Your business will get new geographic markets and their list of customers.
* Your profit will be shared and the loss too. Sharing of loss is the biggest advantage.
*There will be a reduction in competition.
*Joint ventures are happening between conglomerates, the risk involved is high. But, it gets reduced when it is shared.
*The capital invested too are also high and even this gets reduced when it is shared.
*The cost of production and marketing” too will be minimized because it is shared.
*Using technology, joining with foreign countries will help us to get access to use their improved technology which will improve our production.
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