Question

State the Role of MNC's in India..??​

Answer 1

Answer:

MNCs help governments in this case and bring a lot of foreign investment which paves the way for economic development of the country. ... MNCs are also helpful in knowledge transfer. As MNCs operate in more than one country, they practically tests and implements the best strategies.

Explanation:

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Answer 2

Answer:

Multinational Corporations (MNC) operate in more than one country.

In 1991, India faced economic crisis and to lift the country out of crisis, Indian government rolled out economic reforms, and hence openly opted for economic liberalisation. This allowed private investments and thereby MNCs to operate in India.

Initially, many economists expressed fears over allowing MNCs to India. But with time, everyone is agreeing that MNCs are playing an important role in India and have been helpful for our economy.