Role of MNCs in Indian Economy

Role of MNCs in Indian Economy

Author Name : Dr. Bajarang Narayan Jadhav

DOI: https://doi.org/10.56025/IJARESM.2023.1112231525

ABSTRACT India is one of the faster growing emerging economies in the world. For this many industries are contributing that may be Indian or foreign origin company. By observing the statistics, 49.86 % of contribution by MSMEs towards nation export and the remaining by large companies only. MNCs (multinational corporations) are also contributing to the growth of the country by generating employment, the inflow of FDI, transfer of technology etc. Here the present paper addresses the multinational corporations in India and their Role to the economic development of India and attempts to address characterization of MNCs with employment argument and growth prospects of economic variables significantly influenced on different sectors growth in India.