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Volume : IV, Issue : VI, July - 2014

IMPACT OF MULTINATIONALS ON INDIAN ECONOMY

S. K. Narayan, -

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

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Cite This Article :

S. K. Narayan, -(2014). IMPACT OF MULTINATIONALS ON INDIAN ECONOMY. Indian Streams Research Journal, Vol. IV, Issue. VI, http://isrj.org/UploadedData/4995.pdf

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