What is the benefit of joint production between a local company and an MNC ?
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the benefit of joint production b/w a local company and an MNC are
1. the MNC can give the investment toh the local company .... which could help the local company to but new items , machines ... and other equipments ..
2. the MNC might bring the newer technology of fast production with them ... which could also help to the local company ...
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This allows a foreign investor to invest funds without knowing the history/financial health of a company. If the company fails foreign investors lose their money. Govt of India does not want this as this will bring a bad name to the country
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