Page 168 - LECTURETTE TOPICS eBOOK

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TOPIC -54

MNCs in India

Quick points to remember

• 25% of the world economy is controlled by top 300 MNCs of the world
• MNCs may be in the form of branches, subsidiaries etc.
• Compound growth rate of 18% in MNC revenue in 20 years.
• Tata Consultancy services, Asian paints etc are doing exceptionally well
across the world.

Introduction
An MNC is a company which has its business expanded to various countries of the
world in the form of foreign branches, subsidiaries etc
The operations may be controlled by the headquarters in one country.
The marketing and investment operations may be in various countries.

Key Points
• MNCs are said to rule the economy today . The top 300 MNCs control about
25% of the world's economy. The American MNCS controlled the world
market previously but today MNCs are run by Japanese, Germans, Indians
etc
• Micromax Informatics, Hero Motocorp, Bajaj,Dabur, Parle agro, Café Coffee
day etc are notably some of the best MNCs in india.

• From 1991 to 2012, the number of MNCs in India increased by 4 times and a
compound annual growth rate of 18% in the revenue of MNCs in 20 years
indicates how fast these are making a mark in the country.
• Hindustan Unilever ltd (HUL) and Maruti Suzuki were the dominating MNCs
in India in the 1990s, holding about 40% share of MNCs.
• After liberalisation, there were many new entrants and India is now considered
to be one of the best business hubs.

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