Role of multinational companies in india
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Explanation:
The growth of MNCs in India have major factors associated to it. The 1991 LPG reforms' was the most important reason. Some other facilitating reasons are: market availability, cheap land and labour. Therefore, multinational corporations have been a harbinger of growth and development of the economy of India
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Role of multinational companies in India
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Role of MNCs in India:-
- MNCs support government in this matter and carry a lot of international finance which covers the process for the economic expansion of the nation.
- As many MNCs again invest their interests in other countries, it will be an addition to the proprietor nations' economy. MNCs have better passage to foreign businesses.
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