HOW INDIAN MNCs ARE MAKING AN EDGE IN THE GLOBAL ARENA?

If we go back a few decades no one could have thought of Indian MNCs making such a strong presence in the global market like the way they are expanding and marking their presence in the global business arena nowadays. This can be attributed to technological advancement and the betterment of infrastructural resources. These changes have occurred due to ease of access to manpower which is cheaper in monetary terms, but is educated and has high potential. The success path is levelled by Globalization and Privatisation. For facing the competitiveness and extensive global expansion of a firm it depends upon its capabilities rather than national financing or support. These two biases drive the competitiveness, Prosperity, and existence of Indian MNCs in the Global world.

 

Keywords: Indian MNCs, Global Market, Globalization, Technological Advancement, Privatisation.


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