global-innovation.net Abstract The automotive industry in India has come a long way from its nascent state at the time of India’s independence in 1947 to its present day dynamic form. As compared to the production of mere 4,000 vehicles in 1950, the production of the industry crossed the historic landmark of 10 million vehicles in 2006. Today, the industry produces a wide range of automobiles and auto-components catering to both the domestic as well as foreign markets. The development of the industry has been
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.................................................................... 3 3. INDIAN LABOUR LAWS ............................................................................................................. 4 4. PRESENT SCENARIO OF LABOUR AND MNCs IN INDIA ........................................................... 8 5. PERCEPTION OF LABOUR ABOUT MNCs ................................................................................ 10 6. RECOMMENDATIONS ...............................................
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Q3: Assess the general direction of the political and economic policies being followed in order to develop the country. Rapid growth since 1980 has transformed India from the world’s 50th ranked economy in nominal U.S. dollars to the 10th largest in 2005. When income is measured with regard to purchasing power parity, the Indian economy occupies fourth place, after the United States, Japan, and China. Along with growing incomes, India’s increasingly outward orientation makes it an important player
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warehouse stores. It has over 11,000 stores in 27 countries, under a total 55 different names. A foreign company can invest in an Indian company through a Joint Venture Agreement (or as a Wholly Owned Subsidiary) in areas, which are otherwise not reserved exclusively for the public sector or which are not under the prohibited categories such as real estate, insurance, agriculture and plantation. Foreign investment
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INDIA TRYING TO LIBERALISE: INTRODUCTION The foundation of credible national security is based on the level of economic prosperity and well-being of the population of any country. This is especially so for developing countries like India. The attainment of sustained high economic growth is a necessary condition for improving the national security and the quality of life of the people throughout the country Many developing countries in the Asia-Pacific region, including China and India
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Multinationals and Their Impact on Labour Scene in India Multinationals and their impact on Labour Scene 28 October, 2012 Multinationals and their impact on Labour Scene Table of Contents 1. BACKGROUND ........................................................................................................................... 2 2. PRE AND POST LIBERALIZATION ............................................................................................... 3 3. INDIAN LABOUR LAWS ................
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A. FINANCIAL INDUSTRIES Financial Services in India- Brief Overview: The Indian financial services sector is one of the most complex, yet one of the most robust service segments of the Indian economy. Spanning from insurance to capital markets, banking to foreign direct investments (FDI) and from mutual funds to private equity (PE) investments, the financial services sector covers all related segments under its umbrella. Having major effects in its abstract as well as physical form post liberalization
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Term Paper Vietnam, a prominent future of US outsourcing and offshoring In the last decade, many major corporations and small companies in the United States relied heavily on outsourcing and offshoring to foreign countries such as Vietnam. According to U.S consultancy group, Vietnam ranks as one of the ten most attractive off shoring and outsourcing destinations in the world. IT companies are constantly under pressure to produce software products more efficiently within tight budgets. Vietnam’s
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mainly manifested in politics, economics and culture. Many western industrialized nations get tremendous benefits from globalization. This is mainly displayed in the aspect of market expansion. Because of globalization, more markets for capital investment and outlets for goods are available. However, some poor countries suffer because of globalization. As a result, the economic gap between developed nations and developing nations is expanding remarkably. Nevertheless, several developing countries
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Effects of FDI by MNCs in Developing Countries What are Multinational corporations? What motives do they have for foreign direct investment? This paper explores these questions and seeks to find explanations by exploring key economic theories. The impact of FDI on developing nations is discussed with analysis and evaluation of the positive and negative effects. The findings of this essay are that FDI is neither entirely good nor bad for a country. Instead its effects vary and depend on a number
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