Is MNCs Superior to Indian Companies?

Answer First


Of course MNCs are doing better in Indian market than Indian companies, but that does not mean the Indian companies are bad either. MNCs basically work with the help of Indian talents and Indian raw materials. They provide such a lucrative offer and huge amount of exposure so that young generation gets very much attracted to them. The most important advantage of MNCs are they are corruption free. So they have better administration, control and infrastructure to increase the productivity.

On the other hand, the Indian companies, especially the PSUs are full of corruption, inefficiency, lack of work culture due to an assurance of job security. Its not that they lack the brains, what they lack is the environment in which these brains get to show their productivity. Innovation is hardly encouraged. Infrastructure is not that class and the existing system is also used in a very inefficient manner. But there are companies like TATA, RELIANCE, MITTAL, INFOSYS etc. Who have gone multinational and doing good business in other countries. We just only have to make more Indian companies capable of overcoming these problems and become global.



Answer Second   



Its not a question who is best, here seeing contemporary situation one can't predict who will best. India is developing country not developed so here Indian companies always have question, how to equalize th budget. It is true that MNCs have well infrastructure, good and well salary. But Indian firms are very aggressive as compare to MNCs. Here Indian firm have low budget for R&d but what they design, produce have global quality with cost effect. If we think in different way, then Indian firms are great because they value people, their thought, their work. Its not infrastructure, not CTC which make company great, it's employees who make the firm grat.


Answer Third


I think both companies are doing a great job for removing the unemployment from the world. Both companies are good at their place. But as you know that India is growing so fast in economy mainly because of the Indian companies.

And now the Indian companies are also giving the opportunity to us for going to abroad. It's mainly depends on our activeness if you have knowledge then get it. As being an Indian I would prefer Indian Companies rather than MNC's.