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one country. And India has been the home to a number of multinational companies. In fact, since the financial
liberalization in the country in 1991, the number of multinational companies in India has increased noticeably. Though
majority of the multinational companies in India are from the U.S., however one can also find companies from other
countries as well.
Destination India
The multinational companies in India represent a diversified portfolio of companies from different countries. Though
the American companies - the majority of the MNC in India, account for about 37% of the turnover of the top 20 firms
operating in India, but the scenario has changed a lot off late. More enterprises from European Union like Britain,
France, Netherlands, Italy, Germany, Belgium and Finland have come to India or have outsourced their works to this
country. Finnish mobile giant Nokia has their second largest base in this country. There are also MNCs like British
Petroleum and Vodafone that represent Britain. India has a huge market for automobiles and hence a number of
automobile giants have stepped in to this country to reap the market. One can easily find the showrooms of the
multinational automobile companies like Fiat, Piaggio, and Ford Motors in India. French Heavy Engineering major
Alstom and Pharma major Sanofi Aventis have also started their operations in this country. The later one is in fact
one of the earliest entrants in the list of multinational companies in India, which is currently growing at a very enviable
rate. There are also a number of oil companies and infrastructure builders from Middle East. Electronics giants like
Samsung and LG Electronics from South Korea have already made a substantial impact on the Indian electronics
market. Hyundai Motors has also done well in mid-segment car market in India.
There are a number of reasons why the multinational companies are coming down to India. India has got a huge
market. It has also got one of the fastest growing economies in the world. Besides, the policy of the government
towards FDI has also played a major role in attracting the multinational companies in India.
For quite a long time, India had a restrictive policy in terms of foreign direct investment. As a result, there was lesser
number of companies that showed interest in investing in Indian market. However, the scenario changed during the
financial liberalization of the country, especially after 1991. Government, nowadays, makes continuous efforts to
attract foreign investments by relaxing many of its policies. As a result, a number of multinational companies have
shown interest in Indian market.
Following are the reasons why multinational companies consider India as a preferred destination for
business:
The list of multinational companies in India is ever-growing as a number of MNCs are coming down to this country
now and then. Following are some of the major multinational companies operating their businesses in India:
British Petroleum
Vodafone
Ford Motors
LG
Samsung
Hyundai
Accenture
Reebok
Skoda Motors
ABN Amro Bank
India Company
Top Companies India
American Companies in India
Multinational Companies in India
Indian Hotels Company
Companies Outsourcing to India
Biotech Companies in India
BPO Companies in India
Companies in India
Starting a Company in India
Register a Company in India
Pharmaceutical Companies in India
Indian Insurance Companies
India Software Companies
IT Companies in Chandigarh
Delhi Companies
Punjab Tractors
United Phosphorus
3i Infotech
3M India
ONGC
NTPC
Top 10 Blue Chip Companies
Top 10 Agricultural Companies
Abbott India
Steel Authority of India
Cadila Healthcare
Indiabulls
Biocon
National Fertilizer
Gillette India
IG Petrochemicals
Indian Trading Company
Bharat Heavy Electricals
Bajaj Electricals
Bharat Earth Movers
Chambal Fertilizer and Chemicals
Cranes Software International
Dabur India
Essar Steel
Godrej Consumers Products
Gujarat State Fertilizers
Videsh Sanchar Nigam
Vodafone Essar
Top 10 Brokerage Firms
Top 10 Biotech Companies
Top Construction Companies