question_answer

How are ?Local Companies? benefited by collaborating with ?Multinational Companies?? Valuate any three benefits.

Answer:

The ?local companies? has been benefitted by collaborating with ?Multinational Companies? in the following ways:

(i) MNCs provide money for additional investments like-buying new machines for faster production with them.

(ii) MNCs bring the latest technology for production.

(iii) The collaboration with MNCs also bring new market for the finished goods, products.

(iv) With the increase in production, Indian companies made good earnings.

(v) Most of the Indian companies has gained from successful collaboration with foreign companies.