Authors : Mr. Vedanand K. Almast, Dr. Rahul K. Sawlikar
Page Nos : 16-20
Description :
Multinational companies (MNCs) are global firms that operate businesses in many countries whichprovides production units and services in at least two nations. MNCs perform a considerable amount of their business in nations other than their own. As a result, they have an impact on the overall economic climate of other countries. Legal framework for Indian MNCs and its growth directly impact on Gross Domestic Product (GDP) and other economic factors of Country. Indian MNCs get boost up from international finance and from Foreign Direct Investment (FDI) which creates India in a dominating position due to largest market sector in a globe.
Key words: -Multinational Companies (MNCs), Indian Economy, FDI, GDP, Development
