Paragraph on Multinational Corporations in India

Paragraph on Multinational Corporations in India! MNCs have a strong hold over the Indian economy. The Indus­trial Licensing Policy Inquiry Committee stated that there were 112 companies in India in 1966 with assets worth Rs. 10 crore or more. Of these, 48 companies were either branches of foreign companies or Indian subsidiaries of foreign companies. In addi­tion, there were 14 [...]