economic project topic- tell aboutcontribution of multinational companiees in economic growth of india in about 9-950 words

Asked by Lavie | 14th May, 2015, 07:11: PM

Expert Answer:

Hi Kriya,

Many a times, MNCs buy local companies and then start expanding their production activities.

They provide advanced technology and managerial services to the enterprises established by them. Through these MNCs, the technology has been transferred from developing countries.

It enabled to produce quality goods make available in the international market.

A multinational corporation is a large company that carries on its productive and business activities in more than one country. Thus, it paves the way to boost exports.

Due to the flow of MNCs capital in foreign currency, the availability of foreign exchange increases that in turn enabled to make payments for imports.

Thus, MNCs are playing an important role by spreading their production across countries.

Answered by  | 18th May, 2015, 06:10: PM

Queries asked on Sunday & after 7pm from Monday to Saturday will be answered after 12pm the next working day.