A Multinational Company (MNC) is a corporation or an enterprise that manages production or delivers services in more than one country.

It may also be called an international corporation . MNC as a corporation that has its Management Headquarters in one country, known as the home country, and operates in several other countries . MNCs are very useful in Third World Countries Because These Countries are not very developed .

Multinational Companies are companies those have so many branches in other countries. MNCs have played an important role in Globalization. These Companies are primary players today in the world's most dynamic industries. These Companies effect every kind of work of every

country with their new Techniques and new type

of products.

The East India Company was the first Multinational Company in India. This Company came in India with the motive of Business and find the very vast range of raw material in India and plan to take it to England and produced products.

Revenue collection Army and civil services Trade Justice

Education Post and Telegraph Railways Social Reformer

This Company made Indian people Slaves Cruelty Divide and rule Took costly wealth of India Provide cheap labour rate to Indian people Indians have only a part of their wealth Partition Provide very poor quality of food for Indian People

There are a number of reasons why the MNCs coming down to India. India has got a huge market. The labour in India is not costly. With the growing population the needs of people are increasing. That is why MNCs come to India to provide their products and settle in India to earn profit. The second thing is India has a rich variety of raw material that can be helpful in the business of MNCs.

In a diverse and complex country like India, its difficult to impart generic conclusions that could be used by those wanting to do business here. Regionalism, religion, language and personal values are all factors that need to be taken into account when doing business in India. Foreign Companies need Government approval for doing Business in India. Today there are 3704 MNCs in India.

Hyundai Coca Cola LG Samsung

Dell Reliance

Tata
Sony

Panasonic Microsoft

Hewlett-Packard
Swaraj Mazda

Skilled labour New technology Research and development Help to Local Industries Management Opportunities National Development Employment increased Provide new type of products Provide products at cheap rate

Destroy local business Environment pullution Increase artificial demand Impose their Culture Work for Self Interest Threats for Indian Industries Unemployment in home country Cheap and low quality product Increasing the cost of land

Nowadays there are so many Multinational Companies in India. These Companies have their effect on Indian Companies. These companies provide their products at a cheap rate in better quality than the Indian Companies. Indian Companies can not compete with these companies because Indian Companies have not so much developed technique to compete with them. MNCs hired labour at high rate than the Indian Companies provide. So Indian Companies face a lot of trouble.