All this quicken the pace of economic development. Exploitation of Human and Natural Resources: There is a problem of high population pressure in underdeveloped countries and there is also the familiar problem of disguised unemployment on a large scale. To transfer the surplus labor from agriculture and provide them with work, foreign capital is needed to start secondary and tertiary industries.
The industrialization of the country and the creation of employment increase job opportunities solving the problem of unemployment. Risky Undertakings: There is a great risk involved in the setting up of new undertakings.
The shortage of capital, small extent of the market, absence of enterprising groups and underdeveloped infrastructure signify a high degree of risk in different fields like mining, oil exploitation, power, transport, etc.
MNCs will undertake such initial risk and when such businesses become successful the home enterprises feel inspired and try to collaborate with foreign enterprises without suffering initial losses.
It shows that foreign capital has a vital role to play in the economic development of underdeveloped countries. Stimulates Potential Savings: There may be potential savings in the economy which may be available at a higher level of economic development. It is therefore essential that foreign capital be imported to speed up economic activities at first instance with the view of providing inspiration to the people and incentive to the home capitalist.
India has got a huge market. It has also got one of the fastest growing economies in the world. Besides, the policy of the government towards FDI has also played a major role in attracting the multinational companies in India. For quite a long time, India had a restrictive policy in terms of foreign direct investment. As a result, there was lesser number of companies that showed interest in investment.
As a result, there were a lesser number of companies that showed interest in investing in Indian market. However, the scenario changed during the financial liberalization of the country, especially after Government, nowadays, makes continuous efforts to attract foreign investment by relaxing many of its policies.
As a result, a number of multinational companies have shown interest in Indian market. Following are names of some of the most famous multinational companies with their headquarters of operational branches in India: VOL. This global company is known for invention and integration of software, hardware as well as services, which assist forward thinking institutions, enterprises and people, who build a smart planet.
With innovative technology and solutions, this company is making a constant progress in India. With its presence in more than cities, this company is making constant progress in global markets to maintain its leading position. Working in close association with all the stakeholders including the Government of India, the company is committed towards the development of the Indian software as well as IT industry. Nokia Corporation: Nokia Corporation was started in the year Over the past few years, this company in India has been acquiring companies, which have got new and interesting competencies and technologies so as to enhance their ability of creating the mobile world.
Besides new developments to fight against mineral conflicts, they are even to set up Bridge Centers in the country for supporting re-employment.
Their first onsite for the installation of renewable power generation are already in place. PepsiCo: PepsiCo Inc. Within a short time span of 20 years, this company has emerged as one of the fast growing as well as largest beverage and food manufacturer.
By the year , this food manufacturing company intends to triple their portfolio of enjoyable and wholesome offerings.
The expansion of their Good- For-You portfolio is believed to be assisting the company in attaining the competitive advantage of the growing packaged nutrition market in the world. Ranbaxy Laboratories Limited: Ranbaxy Laboratories Limited, one of the biggest pharmaceutical companies in India, started their business in the country from the year The company made its public appearance in Headquartered in this nation, this international, research based, integrated pharmaceutical company is the producer of a huge range of affordable cum quality medicines that are trusted by both patients and healthcare professionals all over the world.
Successful development of business forms the key component of their trading strategy. Apart from overseas acquisitions, this company is making a continuous endeavor to enter the new global markets, which have got high potential.
Reebok International Limited: This global brand is a famous name in the field of sports as well as lifestyle products. Established in India in November , this company has captured one of the leading positions in the field of consumer electronics goods.
Microsoft Corporation has about employees working. WebClues Infotech provides services in the area of web development, mobile app development, web designing and e-commerce development. WebClues Infotech has completed more than of web development projects with a team of highly effective professionals. The work area of NIIT Technologies is consulting services, info security and rapid application development.
Appentus Technologies is a mobile app and web development company Founded in the year in Jaipur, India. More than employees are associated with Apprantus Technologies.
Founded in , Trigent is a global leader in software solutions, headquartered in Southborough, MA, and with development centres in Boston, Bangalore. Endive Software was founded in Resourcology has played an important role in IT companies and has become one of the fastest-growing software development company to be established in with its offices in India and Canada. Resourcology provides services in the field of web development, app development, custom software, UX design and QA.
Techjini specializes in emerging technologies which include Mobile, Cloud and Big Data services. Mindtree Limited is a multinational information technology and outsourcing company headquartered in Bangalore, India and New Jersey, United States of America.
Mindtree Limited company deals in e-commerce, mobile applications, cloud computing, digital transformation, data analytics, Testing, enterprise application integration and enterprise resource planning. Think Palm Technologies is a multinational engineering and software services company that headquartered in Kochi, Kerala, India.
Hexaware Technologies is an Indian multinational company. Narayana Murthy. It is headquartered in Bangalore, Karnataka. The company also provides application development and management, independent validation, product engineering and management, infrastructure management, enterprise application management, and support and integration services. With Fundoodata paid plans you can get access to more information about the company like the number of employees, turnover, decision-makers details, and more.
Click here to know more. The company was established in the year It is headquartered in Mumbai, Maharashtra. The company is among the top 10 software companies in India.
MindTree Ltd. It is one of the top 10 software companies in India. The company deals in mobile applications, e-commerce, digital transformation, cloud computing, data analytics, EAI, and ERP. Mphasis Ltd. It is headquartered in Bangalore, India. The company provides architecture guidance, application development and integration, infrastructure technology and applications outsourcing services, and application management services.
Mphasis is one of the top 10 software companies in India. Oracle Financial Services Software Ltd. Oracle Financial Services Software Ltd was founded in the year It is a subsidiary of Oracle Corporation. It is headquartered in Mumbai, India. The company provides a wide range of services including business consulting, outsourcing services, and IT services.
Oracle is one of the top 10 software companies in India. Quess Corp Ltd. Quess Corp Ltd was founded in the year It is headquartered in Bengaluru, India. The company is headquartered in Mumbai, Maharashtra, India. It is a subsidiary of Tata Group and operates in locations across 46 countries.
Tech Mahindra Ltd. Tech Mahindra Ltd was founded in the year , and it is headquartered in Pune, India. Tech Mahindra Ltd is an Indian Multinational provider of IT networking technology solutions and business process outsourcing to the telecommunication Industry. The company is one of the top 10 software companies in India. It is offering a wide range of solutions-. Wipro Ltd.
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