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kktiwari099... from KENDRIYA VIDYALAYA, asked a question
Subject: Social Science , asked on 27/2/12

should more indian companies emerge as MNC ? how it will benefitthe people in the country ?

it is 3 marks question

EXPERT ANSWER

Reecha Upadhyaya , Meritnation Expert added an answer, on 28/2/12
4079 helpful votes in Social Science

Dear Student, 

When there are conversions of more Indian companies into MNCs then 

  • It will bring economic benefits for the country with its revenues, 
  • It will lessen the burden on the resources of our country 
  • Give more opportunities of employment

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Mohil From Vedant International School, added an answer, on 27/2/12
177 helpful votes in Social Science

 1.MNC 'S have increased dier investmant in india..wich means dat they have benfitted frm investing in INdia

2.the local companies supplying raw materails also banefitted

3.many top companies have benefitted through collaborations

4.many top indian companies have emerged as mnc 's due to stiff competition

5.it also increased employment generation

***

yes.

employment generation

increase in foreign trade

increase in foreign investment

buyers get a variety of choices

producers can sell their goods all over the world

***

more forign investment = more MNC 'S = growth of globalisation = beneficial for their country.

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