why do India want to attract more MNC and foreign investments ? what is the role of mnc ?
Answers
. MNCs place order for production with small producers
ii. MNCs are setting up partnerships with local companies.
iii. They are interlinking markets all over the world.
1. MNC can provide money for additional investment.
2. MNC might bring latest technology for production
Question: Why do governments try to attract more foreign Investments?
Answer: Governments try to attract more foreign investments for the following reasons:
It provides the necessary capital for undertaking economic activities, which would in turn boost the GDP growth...
It leads to increased employment opportunities...
It provides the required tax income for the government...
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