Multinational Companies in India
Multinational companies offer services and manage productions in more than one country. MNC are in India because it has a huge market and it is one of the fastest growing economies in the world. In past, Indian Foreign Direct Investment (FDI) has implemented restrictive policies in terms of foreign direct investment. As such there were very few companies that expressed interest in investing in Indian market. In the last decade, Indian government has eliminated limitation on entry, diversification and expansion of multinational corporations and thus India has become a gateway for liberal sponsors. The benefits for MNCs and corporate are very high as extremely liberal investment environment in prevalent in India, Indian foreign direct investment has been raised up to 100 per cent equity in a business venture for a wide-range of products. Financial liberalization is started in India in 1991 and ever since the number of multinational companies in India increased tremendously. Now, th...