In India

What is the role of Multinational companies in India?

Aruna.swain India Supervisor
There is no distinction between an MNCs & a domestic company in India policy regarding MNCs is the same as for Foreign Private Capital in indie. Large & dominant MNCs along with Indian Companies are covered under MRTP Act. MNCs are specifically covered under Foreign Exchange Management Act (FEMA).Now, we study the operation of MNCs in India:1.) Profit Maximisation.2.) International Network of marketing.3.) Diversification Policy.4.) Concentration in Consumer goods.5.) Location of central control offices.6.) Techniques to achieve Public Acceptability.7.) Existence of Modern & Sophisticated Technology.8.) Business but not social Justice.9.) MNCs & Process of planned Economic Development in India.10.) Cultural Explosion.
found this useful