GROWTH OF MNCS IN INDIA FROM 2000 TO 2010
orporation) is a corporation that has its management headquartersin one country, known as the
, and operates in several other countries, knownas
.As the name implies, a multinational corporation is a business concern with operations inmore than one country. These operations outside the company's home country may be linkedto the parent by merger, operated as subsidiaries, or have considerable autonomy.
ultinational corporations are sometimes perceived as large, utilitarian enterprises with littleor no regard for the social and economic well-being of the countries in which they operate, but the reality of their situation is more complicated.When a company operates in a home nation established its subsidiary inother nation it becomes an
and there starts the process of globalization where in a local companyserves the entire worlds with itsproducts and services.India has experienced a dramaticincrease in the presence of
orporation having a tremendous expansion in theamount of foreign direct investment inflows to the Indian economy. Internet tools likeGoogle, Yahoo,
kype, and Amazon makeit easier for the
s to reach their potential customers in the countryThere are over 40,000 multinational corporations currently operating in the global economy,in addition to approximately 250,000 overseas affiliates running cross-continental businesses.In 1995, the top 200 multinational corporations had combined sales of $7.1 trillion, which isequivalent to 28.3 per cent of the world's
gross domestic product
. The top multinationalcorporations are headquartered in the United
tates, Western Europe, and Japan; they havethe capacity to shape global trade, production, and financial transactions.
ultinationalcorporations are viewed by many as favouring their home operations when making difficulteconomic decisions, but this tendency is declining as companies are forced to respond toincreasing global competition.The modern multinational corporation is not necessarily headquartered in a wealthy nation.
any countries that were recently classified as part of the developing world, includingBrazil, Taiwan, Kuwait, and Venezuela, are now home to large multinational concerns. Thedays of corporate colonization seem to be nearing an end.