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Volume : IV, Issue : VI, July - 2014 IMPACT OF MULTINATIONALS ON INDIAN ECONOMY S. K. Narayan, - DOI : 10.9780/22307850, By : Laxmi Book Publication Abstract : MNCs originated in the early 1860s; it was after the Second World War that the multinationals
have developed rapidly. In the early days, U.S.A. was the pioneer of most of the MNCs. At present the
MNCs are able to make entry into various markets by means of licensing and franchising agreements.
The employment pattern of MNCs is quite in consonance with the FDI (Foreign Direct
Investment) pattern. Since the main concentration of MNC is in industrially advanced economies, their
employment is also confined to advanced countries. Moreover their upsurge in FDI activity which took
place in late 1980s had mainly took the form of reshuffling of ownership pattern amongst existing
multinationals and hence it resulted into employment acquiring rather than employment creating
impact. This paper portrays on the impact of multinational on the employment scenario in India Keywords : Article : Cite This Article : S. K. Narayan, -(2014). IMPACT OF MULTINATIONALS ON INDIAN ECONOMY. Indian Streams Research Journal, Vol. IV, Issue. VI, DOI : 10.9780/22307850, http://isrj.org/UploadedData/4995.pdf References :
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