Multinational Companies in India (MNC)

3/4/2015 MultinationalCompaniesinIndia(MNC)

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MultinationalCompaniesinIndia(MNC)AboutMultinationalCompaniesAs the name suggests, any company is referred to as a multinational company orcorporation (M.N.C.)when thatcompanymanages itsoperationorproductionorservicedeliveryfrommorethanasinglecountry.

Such a company is even known asinternationalcompanyorcorporation.As defined by I. L. O. or theInternational Labor Organization, aM. N. C. is one, which has itsoperational headquarters based inone country with several otheroperating branches in different othercountries. The country where thehead quarter is located is called thehome country whereas, the othercountries with operational branchesare called the host countries. Apartfrom playing an important role inglobalization and international

relations, these multinational companies even have notable influence in a country'seconomyaswellas theworldeconomy.Thebudgetofsomeof theM.N.C.saresohighthatattimestheyevenexceedtheG.D.P.(GrossDomesticProduct)ofanation.

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ThesearenotthesolepriorcausesoftheNokia,Vodafone,Fiat,FordMotorsandasthelistmoves on to flourish in India. As the basic economic data suggest that after theliberalizationin1991,ithasbroughtinhostsofforeigncompaniesinIndiaandtheshareofU.Sshowsthehighest.Theyaccountabout37%oftheturnoverfromtop20companiesthatfunctioninIndia.

WhyareMultinationalCompaniesinIndia?

ThereareanumberofreasonswhythemultinationalcompaniesarecomingdowntoIndia.Indiahasgotahugemarket. It hasalsogot oneof the fastest growingeconomies in theworld.Besides, thepolicyof thegovernment towardsFDIhasalsoplayedamajor role inattractingthemultinationalcompaniesinIndia.

Forquitealongtime,Indiahadarestrictivepolicyintermsofforeigndirectinvestment.Asaresult, there was lesser number of companies that showed interest in investing in Indianmarket. However, the scenario changed during the financial liberalization of the country,especially after 1991.Government, nowadays,makes continuous efforts to attract foreigninvestments by relaxing many of its policies. As a result, a number of multinationalcompanieshaveshowninterestinIndianmarket.

ProfitofMNCsinIndia

It is too specify that the companiescome and settle in India to earnprofit. A company enlarges itsjurisdictionofworkbeyonditsnativeplacewhentheygetawidescopetoearnaprofitandsuchisthecaseoftheMNCsthathaveflourishedhere.MoreoverIndiahaswidemarketfordifferent and new goods andservices due to the ever increasingpopulation and the varyingconsumer taste. The governmentFDI policies have some howbenefited them and drawn their

attention too. The restrictive policies that stopped the company's inflow are however

Petrochemical

Software

Telecom

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FMCG withdrawnandthecountryhasshownmuchinteresttobringinforeigninvestmenthere.

Besidestheforeigndirectivepoliciesthelabourcompetitivemarket,marketcompetitionandthemacroeconomicstabilityaresomeofthekeyfactorsthatmagnetizetheforeignMNCshere.

Following are the reasons why multinational companies consider India as a preferreddestinationforbusiness:

HugemarketpotentialofthecountryFDIattractivenessLaborcompetitivenessMacroeconomicstability

AdvantagesofthegrowingMNCstoIndia

There are certain advantages that the underdeveloped countries like and the developingcountrieslikeIndiaderivefromtheforeignMNCsthatestablishes.Theyareasunder:

Initiatingahigherlevelofinvestment.ReducingthetechnologicalgapThenaturalresourcesareutilizedintruesense.TheforeignexchangegapisreducedBoostsupthebasiceconomicstructure.

DisadvantagesofMNCs

Rosesdoesnotcomewithout thrones.DisadvantagesofhavinganMNCs inadevelopingcountrylikeIndiaareasunder

CompetitiontoSMSIPollutionandEnvironmentalhazardsSomeMNCscomeonlyfortaxbenefitsonlyExploitationofnaturalresourcesLackofemploymentopportunitiesDiffusionofprofitsandForexImbalanceWorkingenvironmentandconditionsSlowsdowndecisionmakingEconomicaldistress



TopMNCsinIndia

ThecountryhasgotmanyM.N.C.soperatinghere.Followingarenamesofsomeof themostfamousmultinationalcompanies,whohavetheirheadquartersofoperationalbranchesbasedinthenation:

IBM:IBMIndiaPrivateLimited,apartofIBMhasbeenoperatingfromthiscountrysincetheyear1992.Thisglobalcompanyisknownforinventionandintegrationofsoftware,hardwareaswellasservices,whichassist forward thinking institutions,enterprisesandpeople,whobuildasmartplanet.Thenet incomeofthiscompanypostcompletionofthefinancialyearendof2010was$14.8billionwithanetprofitmarginof14.9%.Withinnovativetechnologyandsolutions, this company ismakingaconstantprogress in India.Present inmore than200 cities, this company is making constant progress in global markets to maintain itsleadingposition.

Microsoft:Asubsidiary,namedasMicrosoftCorporationIndiaPrivateLimited,oftheU.S.(United States) based Microsoft Corporation, one of the software giants has got theirheadquarterinNewDelhi.Startingitsoperationinthecountryfrom1990,thiscompanyhasgotthefollowingbusinessunits:

MicrosoftCorporationIndia(Pvt.)Limited(MarketingDivision)MicrosoftGlobalServicesIndiaMicrosoftGlobalTechnicalSupportCentreMicrosoftIndiaDevelopmentCenterMicrosoftITMicrosoftResearchIndia

Thenet incomeofMicrosoftCorporationgrewfrom$14,569million in2009to$18,760million in 2010. Working in close association with all the stakeholders including theGovernment of India, the company is committed towards the development of the IndiansoftwareaswellasI.T.(InformationTechnology)industry.

Nokia Corporation: Nokia Corporation was started in the year 1865. Being one of theleadingmobilecompaniesinIndia,theirstylishproductrangeincludesthefollowing:

NormalmobilehandsetsSmartphonesTouchscreenphonesDualsimphones



Businessphone

Thenetsalesofthecompanyincreasedby4%inthelastfinancialyearwithsalesofEUR42.4billionascomparedto2009'sEUR41billion.Overthepastfewyears,thiscompanyinIndiahasbeenacquiringcompanies,whichhavegotnewandinterestingcompetenciesandtechnologies so as to enhance their ability of creating the mobile world. Besides newdevelopmentstofightagainstmineralconflicts,theyareeventosetupBridgeCentersinthecountry for supporting reemployment. Their first onsite for the installation of renewablepowergenerationarealreadyinplace.

PepsiCo:PepsiCo.Inc.enteredtheIndianmarketwiththenameofPepsiCoIndiafromtheyear1989.Withinashorttimespanof20years,thiscompanyhasemergedasoneofthefastgrowingaswellaslargestbeverageandfoodmanufacturer.Aspertheannualreportofthecompany in the lastbusinessyear, thenet revenueofPepsiCogrewby33%.By theyear2020,thisfoodmanufacturingcompanyintendstotripletheirportfolioofenjoyableandwholesome offerings. The expansion of their GoodForYou portfolio is believed to beassisting the company in attaining the competitive advantage of the growing packagednutritionmarketintheworld,whichispresentlyvaluedat$500billion.

Ranbaxy Laboratories Limited: Ranbaxy Laboratories Limited, one of the biggestpharmaceuticalcompaniesinIndia,startedtheirbusinessinthecountryfromtheyear1961.Thecompanymadeitspublicappearancein1973though.Headquarteredinthisnation,thisinternational,researchbased,integratedpharmaceuticalcompanyistheproducerofahugerangeofaffordablecumqualitymedicinesthataretrustedbybothpatientsandhealthcareprofessionalsallovertheworld.Inthebusinessyear2010,theregisteredglobalsalesofthecompany was US $ 1, 868 Mn. Successful development of business forms the keycomponent of their trading strategy. Apart from overseas acquisitions, this company ismaking a continuous endeavor to enter the new global markets, which have got highpotential.Forthis,theyareofferingvalueaddingproductsaswell.

ReebokInternationalLimited:Thisglobalbrandisafamousnameinthefieldofsportsaswellaslifestyleproducts.ReebokInternationalLimited,asubsidiaryofAdidasAG,isbasedinU.S.A.(UnitedStatesofAmerica)starteditsoperationin1890s.Duringthelastfinancialyear,Adidas'scurrencyneutralizedgroupsalesincreasedby9%.Apartfromtheiralliancewith CrossFit that is among the largest contemporary fitness movements, in the currentyear, Reebok's announcement of its partnership with artist, designer and producer SwizzBeatzreflectsitslongtermfuturegrowth.



Sony:Sony India is apart of the renownedbrandnameSonyCorporation,which startedtheirbusinessoperationintheyear1946inJapan.EstablishedinIndiainNovember1994,thiscompanyhascapturedoneoftheleadingpositionsinthefieldofconsumerelectronicsgoods.Bytheendofthebusinessyear2010on31stMarch,2011,thecompanyshowedaremarkableincreaseinthesharerelatedtonumerouscategories.SonyIndiaisplanningtoinvestaroundINR.150croreforthemarketingoftheactivitiesrelatedtoATLandBTL.AsfarasBraviaTVsareconcerned,theyarelookingforwardtoholdtheirmarketshareof30%. In between the last and the current financial year, the number of their outlets in thecountryincreasedby1,000.

TataConsultancyServices:CommonlyknownasT.C.S.,thismultinationalcompanyisafamous name in the field of I. T. (Information Technology) services, Business ProcessOutsourcing (B.P.O.) aswell as business solutions.This company is a subsidiary of theTataGroup.Thefirstcenterforsoftwareresearchingwasestablishedinthecountryin1981inthecityofPune.TataConsultancyearnedagrowthof8.9%duringthelatestquarterofthis financial year, which ended on 30th September, 2011. This renowned company ispresently looking forward to the 10 big deals that they have received besides the CreditUnionAustralia's contract aswell asGovernment ofKarnataka's INR. 94 crore deal for atotal period of 6 years. In this current business year, they are about to employ 60, 000peopletomeettheirbusinessrequirement.

Vodafone:VodafoneGroupPlcisaninternationaltelecommunicationcompany,whichhasgot it's headquarter based in London in the United Kingdom (U. K.). Earlier known asVodafone Essar and Hutchison Essar, Vodafone India is among the largest operators ofmobilenetworkinginthecountry.TheparentcompanyHutchisonstarteditsbusinessintheyear1992alongwiththeMaxGroup,whichwasitsbusinesspartnerinIndia.Muchlaterin2011,VodafoneGroupPlcdecidedtobuyoutmobileoperatingbusinessofEssarGroup,itspartner.The turnoverof theVodafoneGroupPlcafter the completionof the last financialyeargrewto44,472mfrom41,017mthatwastheturnoverofthebusinessyear2009.

TataMotorsLimited: The biggest automobile company in India, TataMotors Limited, isamong the leading commercial vehiclesmanufacturer in the country.Theyareoneof thetop3passengervehiclemanufacturers.Establishedintheyear1945,thiscompany,apartof the famousTataGroup,hasgot itsmanufacturingunits located indifferentpartsof thenation.Someof theirwellknownproductsof thecompanyarecategorized in thefollowingheads:

CommercialVehicles



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AkashGandhi ayearagoIndianswontworkforsocalledforeign(MNC'S).Theykeepyouasslavesandyoumaygetagreatsalary,workonlyforindia'sownedcompanieslikeTata,Reliance,Dabur,Vicco,Parle,Bisleri,Khaitan,Usha,Bajaj,Godrej,Vidya,Videocon,Voltas,OnidaZeeTV,NDTV,Spicejet,Indogo,Infosys,Liberty,Titan,Citizen,Micromax,Lava,Karbonn,Mahindra,HeroBikes&Scooters,Flipkart,Rediff,TheIndianExpress,andmanymore.WorkforIndia!

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mohan ayearagoIamjoinforthenextgenerationofworldwidecompany.Iammakingforadvancedtechnologyinformation..

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DefenceSecurityVehiclesHomelandSecurityVehiclesPassengerVehicles

Postcompletionofthefinancialyear2010to2011,theglobalsalesofthecompanygrewby24.2%withsalescrossingINR.1million.

LastUpdatedon1/10/2012



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Iammakingforadvancedtechnologyinformation..Ihavelotsofthingstodosharewithyours...

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HIRALHARSHADBADHEKA ayearagoHieeeeeeeeeethisishiralharshadbadhekacompletedmygraduationthisyearonlyfrommumbaiuniversitywithfirstclassfromenglishmediumschoolpleaseinformmeifthereisanyvacanciesforjobinyourscompany.

yourssincerelyhiralbadheka

Naveenkumar ayearago

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Naveenkumar ayearagothisisnaveenkumarengineeringstudent(btechme)with65.55%csauniversitykanpur&[email protected],imveryinterestingworkinginmncifvacancyareavailableplzcontactmyemail&mymo.no.7417571010thanku

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Hemalsheth 2yearsagoINFORMATIONgivenisSATISFACTORY

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shivamsah 2yearsagothisisaverygoodsite

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TeneyJayan 2yearsagoThissiteisreallyamazing.ReallythisgivesmoreinformationsaboutdifferenttypesofcompaniesinIndia.MyeverlastingaimistoworkinaMNCcompany.

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mahesh.b 2yearsagomyaimismnccompneyonwork

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MERLIN 2yearsagoTHISSITEWASVERYINFORMATIVE.

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Rana 2yearsago

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IdidBCAinmyUGandcompletedMBAprograminfinanceandmarketinginmyPGthisyear...iwouldlovetoworkinanMNCandiwillbeverygratefulifuplizzletmeknowaboutthevacanciesavailableinlistofMNC'[email protected]

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venusrana 2yearsagovenusrana,ihvcompletedBBAnMBAprogramm.ndiwanttojoinMNC,asdisdreamiwanttojoin,canugivemejob?

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AlendraRana 2yearsago>venusranaVenus,[email protected],ihaveanopportunityforyou!

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joystna 2yearsagoIhavecompletedmydegreeinIT,soofanyjobsformeinmnc'spleaseletmeknw.

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harshad 2yearsagoWeindiansshouldtrytostartupasmanybusinessaswecan.Cozeconomyimprovesbybusiness.sodoescountry'sstrength&potential.Ifwestarttodaywemightsurvivetomorrow.Otherwisewewillbejustjobseekers..

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ujjalmishra 2yearsagoiamregisteredinnoukri.com,alsowanttoworkwithmnccompany

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raj 2yearsagoiamdoingmbainenergytrading.thisisaverydomainprograminindiamarketislessopenedinthisarea.lookingforajob.mailmeatmillgayedil@gmail.com

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gouda 2yearsagoidntlikemncsbecoztheyrcheatersdntbelivethemproveurself

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GopalKumawat 9monthsago>goudayoursayingrightineedthistypesofpeople

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mono 2yearsagoNAME:MANORANJANPADHY/cell:8500365771IamcompitedBcominvisakhapatnamtopcollegeandsecured70%percentageMNCemployeespleaseinformmeiwillattendinterview.

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DIVYA 2yearsagoIWOULDLOVETOWORKINMNCANDATTHESAMETIMELEARN.IAMAB.E3RDYEARSTUDENT..

MYEMAILADDRESSISDIVYAENGINEER93@GMAIL.COM..IWANTTODOINTERNSHIPINMNC...

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P.Sundarraj 2yearsagoIstillwonderwhetherwehavereallyachievedthe"goal"ofallowingtheMNCs`inournation.

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ravi ayearago>P.Sundarrajtellmeyournoyacontactmeravinain114@gmail.comtoworkinmnc

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MasoodAlam 2yearsagoimmasoodalamdoingMBAnwanttojoinmnc

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AbdulNaveed 2yearsagoHiIamAbdulNaveed.IhavecompletedDiploma&B.EinCIVILENGG,andi've2yearsexperience.PlsletmeknowifthereisanyvacancyinMultinationalCompany.Itsmydreaminmylife.plzzmailmetothebelowmailid.Imsogratefultoyou.

[email protected]@gmail.com

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SUVARNAGOWDA 2yearsagoIHAVESOMUCHINTRESTTOWORKINMNC

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khajapasha 2yearsagowhataretheopportunitiesinmnccompanies&howiscarreer

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SHRUTIOHALE{BHANDARA} 2yearsagoIWantlogosandwanttoknowproductofMNC

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Prashant 2yearsagoIsINTARVOTECHNOLOGIES,Noida...aMNC.....orisitagoodcompany

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BuntySaini 2yearsagoIneedjointoMNCinworkforjob..Iamadeafyoung.IstudiedinClass.10and12later..

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deepa 2yearsagoiwantjobinmncpls!!!:)

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AkkyJi 2yearsago>deepabelievemeifu/wepeoplestartworkingforMNcstheirEconomybooms..withverysmallamountofeconomicalgrowthinIndia.ButifweworkforIndianCompany,wecandocompletejusticetoourland.

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Akky 2yearsago>deepaworkforIndia,GrowforIndia.Whatswrongwithupeople...!!

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bskjois 2yearsago>Akkyleidiotuntilthisbloodyreservationsystemgo,

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indiacanneverbeadevelopednation.trytovoteforarealpatriot.

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RanjanRanjoo 2yearsagoIamlookingforwardtobusinessrelationwithMNCs.

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deepa 2yearsagoineedthelogosofafewmncinindia

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VishwajeetGhorpade 2yearsagoIwouldliketojoinMNCCo.inmumbai,pune.IamFresher&IhaveabilityforthisJobmygraduationcomplatedinApril2012.Mymob.No.is+919637374585

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renurana 2yearsagoexcellentdata

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kirankumar 2yearsagoiwouldliketojoininmnccompany

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ghunasri 2yearsagoiamcertifiedinmicrosofttechnologies..plshelpiwanttojoininmnc

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MayankSharma 3yearsagoPleaseprovidemeanopportunitytoprovemyself...ipromisei

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Pleaseprovidemeanopportunitytoprovemyself...ipromiseiwillntletanyonedown....

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shriharshanayak 2yearsago>MayankSharmabewareofonething.theyhaveenoughflexibilitytoremoveufromjobwhenevertheydesire,evenifuworkwelliftheiremploymentneedsarefulfilledwithlesserpeople.

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MayankSharma 3yearsagoheyimanelectricalfresher..&lookingforajobinmnc.Pleasehelpifpossible.....

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rameshchakra 3yearsagoIfiaminterstingtoworingwithmnc

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pankaj 3yearsagoilikeitmnc.

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Reneto 3yearsagoHiiamReneto...IamstudyingMCA...Socanyouexplainaboutmbccompany?...AlsoplssendsomeinformationtomyEmailID...MyEmailIdisreneto333@gmail.com

Satnam 3yearsago

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