A Study on the Role of Multinational Corporation in the Indian Economy

Vol-5 | Issue-11 | November-2020 | Published Online: 14 November 2020    PDF ( 153 KB )
DOI: https://doi.org/10.31305/rrijm.2020.v05.i11.017
Author(s)
Dr. Nisha Kumari 1

1Ph.D. Research Scholar, Tilka Manjhi Bhagalpur University, Bhagalpur

Abstract

Multinational Companies (MNC) in the era of Globalization have accepted a critical part in the improvement of home countries where the MNCs are working. MNCs have moreover accepted a huge part in the Indian economy. An inflow of new capital can decrease or even dispose of the lack yet to be resolved of portions if the MNCs can deliver a net positive movement of admission benefit. With the lack of save assets for financing developmental endeavours, there is need to depend upon new capital. Inviting and making ways for MNCs to work in India will redesign the monetary headway of the country. Hon. Prime Minister drives for 'Make in India' and 'Expertise India' campaigns, inviting Global Companies to place assets into India similarly as tries to unravel the FDI rules will obviously make India a most adored target of MNCs.

Keywords
Globalization, Capital, MNCs, FDI
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