what are the positive impacts of mnc on indian economy
Answers
Tata Motors sells its passenger-car Indica in the UK through a marketing alliance with Rover and has acquired a Daewoo Commercial Vehicles unit giving it access to markets in Korea and China.
Asian Paints is among the 10 largest decorative paints makers in the world and has manufacturing facilities across 24 countries.
About 80 percent of revenues for Tata Consultancy Services come from outside India. This month, it raised Rs 54.2 billion ($1.17 billion) in Asia's second-biggest tech IPO this year and India's largest IPO ever.
Infosys has 25,634 employees including 600 from 33 nationalities other than Indian. It has 30 marketing offices across the world and 26 global software development centers in the US, Canada, Australia, the UK and Japan.
Impact on Indian Industrial Sectors
So far, we have analyzed the Indian Economy and the way in which multinational have added more value and increased the exports, GDP and productivity, resulting in all round development.
Further more, we have the actual analysis of the effect of MNCs on various Indian Industrial Sectors. Certain important sectors are considered and the actual effects of MNCs i.e. the practical way in which they are affected are studied viz.
1. Automobiles
2. Aviation
3. Insurance
4. Food and Beverages Industry
5. Telecommunications