Beruflich Dokumente
Kultur Dokumente
ATTRACTING MNCs
IN INDIA
SUBMITTED BY:
RISHI SHUKLA
SHAILI NIGAM
"India’s computer scientists are among the leaders of
companies worldwide."
Bill Gates, Chairman, Microsoft Corporation
“In this century India's economy will be larger than the United
States.“
Bill Clinton, Former President of the United States
OTHER FACTORS:
Economic Liberalization
Geographical Clustering
GOVERNMENT SUPPORT:
Both revenue and capital expenditure on R&D are 100%
deductible from taxable income under the Income Tax
Act.
A weighted tax deduction of 125% is allowed for
sponsored research in approved national laboratories
and institutions of higher technical education.
A weighted tax deduction of 150% is allowed on R&D
expenditure by companies in government-approved in-
house R&D centres in selected industries.
A company whose principal objective is research and
development is exempt from income tax for ten years
from its inception. Accelerated depreciation is allowed
for investment in plant and machinery made on the basis
of indigenous technology.
Customs and excise duty exemptions for capital equipments and
consumables required for R&D.
8 7.1 8.4
6.7
6.5
7 6 7.5
5.8 7.4
6 5.3
6.1
5
4 4.8
4.4 4.4
3 3.8
0
-98
-99
-01
-04
-05
-06
-02
-03
-00
97
98
00
03
04
05
01
02
99
%
19
19
20
20
20
20
20
20
19
Multinational Corporations
Multinational corporation (MNC) or transnational
corporation (TNC) or multinational enterprise (MNE) or
multinational organization (MNO)