Growth of ‘ MNC’ s in India

A common form of MNC Participation
in Indian industry is through entering into
cooperation with Indian industrialist. Trends
of liberalization in the 1980s gave a substantial
spurt to foreign collaborations. This would
be clear from the fact that of the total 12,760
foreign collaboration agreements in 40 years
between 1948-1988. As a result of liberalized
foreign investment policy (FIP) announced
in July-Aug 1991 there has a further spurt of
foreign collaborations and increase flow of
foreign direct investment.

Leave a Reply

%d bloggers like this: