Points to remember before you participate in this discussion:
|Asma Ahmed said: (Aug 23, 2016)|
|MNCs are not superior to Indian companies. Because MNCs doesn't work in an eco-friendly manner. And MNCs only work for the profit motive. They don't keep in mind that they work for the development of the nation. They also think about how to earn goodwill in the market.|
|Mahesh said: (Aug 15, 2016)|
|No; MNC is not superior to Indian because in now few years there is tough competition in all sector MNC doesn't provide competition to his employees as compassion to India Co. And 2nd reason is that MNC creates the monopoly in India and another reason is that they spend more money on R&D and SELLING COST they give better advertisements companion to Indian Co. And show himself superior to him the main motive of MNC is to earn profit not social welfare they achieve only their goal nit countries goals.
But; Patanjali gives tough competition to MNC.
|Amit said: (Aug 1, 2016)|
|Yes, most definitely. There is no comparison between the culture of a multinational vs an Indian company. Indian companies are lacking in everything that you can possibly imagine from a workplace. It quite possible that you earn a fair amount of money in an Indian company. However when you compare an Indian company with a multinational company on any other parameter, be it work hours, clearly defined work protocols (Indian companies don't have any), malpractices are work, work related harassment, the high handiness of bosses, etc, multinational companies scores high on all of them.
In my sector where we provide engineering consultancy, Indian companies are so wretched that I shudder to even think of working for one. I had started my career in an Indian company and today after spending 12 years in my field I can safely say that I will never work for an Indian company unless all other options have been exhausted.
Multinational companies are ethical and believe in fair practices, especially if the leaders are expats, while Indian companies follow the most unethical practices that you can possibly imagine. Money isn't everything and if you want to have a good professional life DONT choose to work for an Indian company.
|Gagan Satija said: (Jul 15, 2016)|
|Ya, it's always been a major point regarding MNC's and Indian Companies. The service we get from MNC's is less comparable than India's i.e. better technology and advancement, better living standards etc. We as Indians believes in hard work (usually), they are the one's which tries to do in simple and lucid style i.e. more often smart work (talking about MNC's employee). The fact is actually how much exposure you get with these?
Going to different countries and work in the different atmosphere gives an expected answer for the question raised above. (one line description. What you suggest). Whereas Indian companies do not deal with this key factors (I mean not fully).
But still, pros and cons always exit. I believe if any individual possesses some extraordinary skills then for them discrimination regarding companies doesn't matter.
|Ashil said: (Jul 13, 2016)|
You thought like MNC are give much salary then Indian companies. Do you think why they giving much salary?
Because they are in the standard level. So the skilled people would like to join in MNC. For that Indian companies get low. In order to solve this problem our Indian money rate have to increase. For that skilled peoples should select the Indian Companies. If they doing like this means our Indian money rate will be increased. When money rate increased our India moves towards high. After that, our company will become the best company in the world. Automatically our salary will be increased compare to MNc.
|Neeraj Joshi said: (Jul 3, 2016)|
|Hi, friend. As per the topic MNCs superior to Indian companies, I agree with this statement. It is true because every MNCs has some rules and regulation which they follow, in every MNCs, every employ has to follow these rules and their standard, which uplift the individual growth and give them chance to grow.
These rules and regulation do not find in Indian companies.
MNCs take care Evey aspect of working, they think about the employees in every possible way, they are more concerned about the safety, but not Indian companies.
|Anuradha Jha said: (May 23, 2016)|
|There is lot competition in Market and the various company want best and we also want best.
That's why we choose MNCs.
If we get a job in Indian company than we always want peace and rest.
And average salary which is not sufficient for our needs and requirement.
And always prefer MNCs which are Indian or some other company.
And MNCs are best.
|Amit Wandile said: (Jan 10, 2016)|
|By listening every ones point I could also feel that MNC is a good opportunity in India. Because we are over here to grow and learn and want to have freedom from Old job Beliefs. So these will give new dimension to work and also makes you feel better and challenging persons in overall growth span in Career.|
|Naren said: (Oct 29, 2015)|
We all who are working in MNC's that these companies provide high Salary but you guys know that, who are living smooth live in country, all those are working in Indian Companies, They do not have that much of salary but as an average people stay in Domestic companies more than MNC's. This data also tells that people only want to work in MNCs for higher packages only, if job is related to facilities, they should not leave these companies very frequently.
Also these companies give growth only according to their countries and average comes out 5-8% as average where the inflation rate in India is atleast 12%, how people can survive, another painful thing is that, these companies does not care anything when they don't need you.
In some experiences people just leave because the culture of these companies now a days is not that as it is shown to us. The big building they have made for their own purpose not for us. The high facilitated grounds are to show to their customers not for us, we are just using according to their rules. And rules changes according to their need not for employees.
I am also working in MNC and not against these but we should consider before we are going to give a big part of our life to these. As I have seen that work-life balance is in papers only, not actually.
|Skanda said: (Oct 23, 2015)|
|Hi friends if every one goes for MNC's and follow foreign culture. Have you forgotten our Indian culture, traditions, customs. Never we will get leaves for our Indian holidays.
Totally our generation is having no clue about our festivals and culture. MNCS have disadvantage other than advantage. So please develop Indian company instead of developing foreign countries.
|Supriya said: (Oct 13, 2015)|
|I always have a confusion in mind about joining in MNC and other companies. The hi fi salary provided by MNC has made us spendthrift instead of saving more. Always Indians used to save more and spend less. This mindset is gone. And the Indian Companies are still at stake because of the bureaucratic procedures, right from registering till liquidation.
Hence each and every thing takes time, this in turn increases cost, time and energy for companies which in turn affects employees. Foreign investments are important to many politicians, hence they speed up all procedures and help them achieve their objectives. Employees' talent are highly recognized at MNC in which our people fail caste, recommendation, influence make talented people lose their hope.
|Kiran said: (Sep 19, 2015)|
|When we are comparing two entities, the two entities should be of same level. In this case MNC's are of course better because MNC's are very large scale, their finance is very high due to that their work culture will be different, provided facilities obvious better than local companies.|
|Charumathi said: (Jul 7, 2015)|
|Hi to all,
According to me, as we have seen how the MNC companies follow there business strategies and how they are effective to control any problems and how they are using Indian man power to save there cost. So this is the good learning for us to make our county companies to that level and use the same planning like MNC. In future time should come that we should outsource to other countries.
|Ayush said: (Jul 5, 2015)|
|According to me,
MNC's are superior to Indian company because they provide- good lifestyles, high Salary, good environment as there are educated peoples over there. MNC's helped all top Indian companies to sharpen their business strategies because of which customers get high quality products MNC's increases the performance of Indian companies.
|Rajesh said: (Jun 10, 2015)|
|My point of view MNC company better then Indian corporate companies. MNC companies are provide not only salary but growth of our life.|
|Raju said: (May 15, 2015)|
I agree that MNC are better than Indian companies because their are providing good facilities to employee who are working in the in MNC. While in India their are not good facilities for employee. So most of the people like to work in MNC companies because they will going to get bigger salaries as compare to Indian companies. OUR government should give good encouragement for Indian companies so they can get good result.
|Minakshi said: (Jan 22, 2015)|
I am not here to discuss about whether MNC is superior or Indian company, I am working for an MNC, I always have a query in my mind, we always talk about Indian company are growing but have so many issues wherein MNC's are great place to work they do provide Quality products they have developed tool and so many great things about them including higher salary packages.
Has someone ever thought the person who is making these quality products, the so called human resource are us, so if we can work for these MNC and can make them grow why can't we work for Indian company and make them much better.
I assume large young population of India is moving towards IT jobs i.e. MNC and after few year everyone has a dream to go onsite (abroad) , and after few years to settle down in abroad, so if our youth will move like this then what will happen to growth our country, I know these MNC also contribute to our country finance but if all us pt all that effort for Indian company growth wouldn't it be nice.
I always think like this but never got option what can be done and how.
|Gaurav said: (Jan 14, 2015)|
I would like to add my point favoring superiority of MNCs in relation to Indian companies in respect of their approach. MNCs provide better ambiance. MNCs go for product-based as well as service-based jobs. MNCs having their base in large number of countries perform better than Indian companies. For example, we may compare performance of IBM with any Indian companies.
IBM has its own products e.g DB2, Lotus office suit and many more which are being used by IBM as well as it avails others also with those products. Indian companies, even after long duration since their inception are yet based on out-sourced projects. MNCs have larger strength of employees in relation to Indian companies.
So, as my conclusion I would like to say that Indian companies have yet to go a far in comparison to MNCs.
|Rajeev said: (Jan 7, 2015)|
|I will consider Indian companies competent enough to MNC's, only when companies like TATA and Reliance can start from scratch in other countries, just like the MNC's come to India and start from scratch. As long as this is not possible, for me, MNC's are much better than India companies. Its competition!|
|Vikash Ch. Pandey said: (Nov 11, 2014)|
|Every Indian company are not used the latest technology. Because our country growth level compare to other is very low. Indian company not giving the facilities. But other hand MNC's giving very good facilities to their employee.
Indian company compare to MNC's much less cost because there net growth is not much that MNC's.
|Rohit said: (Sep 19, 2014)|
|MNC are always superior because half of the Indian companies are ruled by politics corruption and the few which are left are ruled by jugaad system where reducing employment, not maintaining high standard and giving less salary is their only motive.|
|Bhoopal said: (Sep 8, 2014)|
|Hi to everyone, I never discourage others opinions and when coming to our topic, I agreed that MNCs are useful to our country when we are thinking from the mindsets of common people but when we are in the place of a businessman we opposed that (saying frankly this is true).
The presence of MNCs are very important for our country due to the following reasons:
->To know about the advanced techniques which are used by MNCs.
->To know how they are giving products at such a low costs.
->To improve the competition which is very beneficial to everyone.
But dependency may creates problems at any time so depending mostly on MNCs are always danger. We must observe the procedures followed by them and then we must improve our companies.
|Tanuja said: (Jul 15, 2014)|
|There is question for all of participant's Why people prefer MNCs? The answer is, people rush to MNCs because they offer high salary, and many incentives, but Indian company does not do so. They give the employee as small as they can do. So in my point of view if they can work upon these reasons then people will automatically follow Indian company rather MNCs. If we use our knowledge in our own company then definitely our Indian companies will reach to MNC's. But we have to work upon these basic things cause we all know Indian people are very much talented.|
|Jyoti Sharma said: (Jun 29, 2014)|
|Overall views are correct on their own mind.
Somebody said that the MNCs are the best and some said that the domestic companies are also not bad. But you all know about the fact that MNCs are the best because we promote them by getting employee under them on the self greed basis or by consuming their product as they are cheaper than the domestic product, just because of lower price we shift our preferences by ignoring the quality of the product.
That's fine that the quality of their product not always bad, but for only show off of our literacy or that we are of modern generations we gradually depriving from our real Indian culture. Modern doesn't belongs to western style & wear, modern means that we need to change in our thinking and should always try to promote the Indian power.
MNCs are growing rapidly and the Indian Companies are growing gradually, the main reasons behind this are as follow:
1. We most like to prefer fashionable & stylish product rather than the Indian product which are of simple & sower in nature.
2. Foreign companies got our weak point that is our Indian Culture which now have broken.
3. We still are promoting or motivating foreign MNCs more than Indian.
4. We Indians are so hardworking and having the world's largest labour power but we are unaware of our brain or talent of which the foreign MNCs take the benefits.
5. We have the knowledge enough that we can change the entire world according to our mind strategy but due to unawareness we are losing our Entrepreneurial skills.
So overall I would say,
If we want to see the INDIA as a leading economic country in future then we would have to prefer the Indian companies.
For this we should motivate the Indian companies or culture rather than the foreign companies or culture.
Now the situation is "MNCs are superior to INDIAN companies" but if we will consider & implement the solutions regarding the above mentioned defects in the societies, then the situation will reverse as "INDIAN COMPANIES are superior to Foreign MNCs".
SO COME ON INDIA THATS DEPEND ON YOUR THINKING that you want to become an Entrepreneur or only a labour that is working day-night under the foreign MNCs.
|Prashant Patro said: (Jun 11, 2014)|
|The basic difference between MNC and Indian companies in INDIA is WORK CULTURE, which is the most important factor in one's work life.
MNCs intend improve on productivity, so they motivate by improving the living standard of the individual by facilitating personal growth monetarily (not necessarily very good) and facility wise. Also facilitating professional growth by providing training and development to the individual so that he can perform better in work and climb the hierarchy.
Which is a win-win solution by MNC to improve desired productivity level and development of the person is just an byproduct, who in turn can be retained for a good amount of time with his effective improved skills, is a big plus.
Whereas Indian companies don't focus on people development, except few big business houses, who adopted this by expanding their business beyond boundaries.
So Professional development of an individual is carried out in all MNCs irrespective of scale of business. There are very few MNCs in India, as well those who intend to tape this understanding but they are more worse than Indian companies.
Patriotism with Indian company is good with those facilitate professional development and work for long time and the decision making must be based on facts, rather than any inclinations or out of business logic to the extent possible and where like minded people work.
I saw people suffocate and leave from good MNCs because of the ignorance and inclinations, whereas MNC professionals get better perks in Indian companies and contribute those who are honest, and well received by Indian companies, who in turn prosper in long run. If Indian companies doesn't provide the freedom to perform, then they jump fast or don't contribute.
The type of paradigm change can be provided by MNC professionals often not properly well internalized by Indian companies and in turn force them to leave. So crossbreeding these two culture is very good but due to understanding level and style of business by top management or owners is the biggest challenge for this crossbreeding. By cross breeding of this MNC culture there are so many benefits in terms of improved work culture in companies, satisfaction level will be more at all level, IF THEY VALUE IT. Then they only focus on growth and innovative business and making brands that work for them. There are so many Indian companies from smallest to largest than any MNC.
|Sundar said: (Apr 18, 2014)|
|Really I speak to all of our friends, MNC companies are great, They are doing good, we have to accept this first, After joined some of our friends into the MNC they got some respect from others,
Because everybody wants money man. We have to agree this first. Humans always behind money yaar,
But I working in Indian companies, why because still I didn't get opportunity,
If I get surely I will join there, Its practical thinking.
|Nagender said: (Mar 9, 2014)|
|I agree with the statement. Why I say because mcs's provide wide range of opportunities. They provide good environment to work in, have best of infrastructure facilities, spend more on research and development and provide good pay scale. Whereas, Indian companies don't give these amenities. That is why people don't want to join Indian companies. Moreover, people working in mnc's can earn lot of knowledge not only in terms of technology but also cultural wise. As people from different countries work in mnc's. Mnc's provide a sense of security where as Indian companies don't provide it. As mnc's grow fast, youth in our country want develop themselves fast. So, they join mnc's. As there are pro's and cons to every issue, stress and pressure are major negative aspects of mnc's. People working in mnc's don't have a balanced life.
At the moment, mnc's are superior but in coming years, we can negate the statement. Indian companies are also developing at fast rate. For example, companies like tata, reliance are acquiring mnc's. Companies like wipro are doing government jobs. They are working with government in implementation of policies. So, if Indian companies give facilities that are given by mnc's. Definitely, people work in Indian companies. As there will be some patriotism in every individual, they want to work in Indian companies, work on Indian ideas, work for development of the country.
I want to conclude that Indian companies can be in part with mnc's in coming years.
|Rajendra Sharma said: (Mar 9, 2014)|
|It seems to me that it depends on employee interest. Where employee is interested in working if anyone works for mnc's so it will be productive for him/her and when it comes to the Indian companies so employee can not get handsome salary while working in Indian companies as compare to mnc's.|
|Poonamverma said: (Mar 7, 2014)|
|According to me both are mnc and Indian companies are better then each other on few points.
MNC's provides good living of standards, status, good environment in organization, and one important thing MNC's provides good package with incremental growth which is need or preference of every employee.
But in the Indian companies, there is value of every employee work an his ideas, but in Indian companies there is less growth in their packages, status as compare to employees expectations.
|Aditya said: (Feb 27, 2014)|
|We cannot talk about superior or inferior in this context since both have equal pros and cons. A MNC provides financial benefits, provides exposure to latest technologies, enhances the employment rate and contributes to economic growth via taxes. On other hand it gathers its own profits by working on cheaper labour and taking back all profits.
Indian companies have grown tremendously in the past 4-5 years. They have outshined many MNCs and even acquired them. Corus acquisition by TATA is an apt example here. Indian companies have taken the government responsibilities as well like AADHAR card project taken up by Infosys. Many Indian companies have done so well that MNCs have merged them with themselves. Indian entrepreneurs are amongst the best talents of the world.
|Vinod Sonawane said: (Feb 27, 2014)|
If we talk about the superiority then first employee satisfaction should be considered. Until and unless companies staff is not satisfied we can not say that the company is superior or good.
Here the difference is that MNC's having a lots of business but they don't have satisfied staff and we provide them good staff. So ultimately we are superior than them.
|Prakash Sharma said: (Feb 20, 2014)|
|Well, it depends on your priorities. Whether you want to work only because the salary is high or you want to work because you love your job. Or you want to travel the world. Unfortunately, we Indians want to earn more so that we can get a good girl for marriage. We are more worried about our society. We Indians hate to take a different path.|
|Gandhi said: (Feb 18, 2014)|
I think neither MNC's nor Indian companies are inferior to anyone.
Advanced technology implies decrease of man force.
India is not implementing advanced technology because of its huge population. Indian companies or Indian government is following ethics and also giving employment opportunity. Where as in the foreign countries they did not have this problem of population. So they developed the advance technology.
So its our wish whether to work for MNC's or with an Indian company. Only the standard of living makes the difference in the salaries that we are not thinking and running towards the foreign and Multi-National companies.
|Jack said: (Feb 14, 2014)|
|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. Indian companies are far better than MNC because the aftermath of recession will be more aggressive in mnc's, but Indian companies can be sustainable in that situations, but the salary is the one of the most basic criteria for under development of Indian companies, but still companies like infosys, wipro, tcs they have been globalised, hence the profit of income is high, with good stock share prices in market.
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. The issue that weather Indian OR MNCs which one is best is not that much impressive. Because in private firms results are very important and to achieve that results employees have to work under pressure or for an extra hours. This condition is same in any of private firm in the world.
The main issue is that MNCs had started their international operations 20-40 years before and Indian firms have started it now in an aggressive manner. Another difference that is about salary and turnover is just because of currency gap. This remains because many Indian firms are getting revenue in rupees. If they get maximum revenue in Euro, Dollars Or in any costliest currency this picture will change. And after 10-15 years if Indian firms establish their own brand with new technology successfully then only Indian firms will also be in the range of MNCs. For this they will have to spend more and more for R&D. If you see the % spending in R&D expenses you will see a significant gap.
|Shobha said: (Feb 4, 2014)|
|Let me tell you the true situation of MNCs in 3 points :
1) When you get to relax on weekends, the pressure of your work aches your body and your mind.
2) The tension that follows every recession.
3) The insecurity and lacking the opportunities to enjoy with your own family because we can't get that many holidays as we are working for them and they are paying for it without any second thought of our comfort and relaxation.
What is the fun of getting so much money and not having the time to enjoy it? What is the fun of getting such big status and not being able to share and enjoy that with your family?
|Dev Anandan said: (Feb 3, 2014)|
|I think Indian companies are superior, I would like to justify this by saying that, one can succeed only by attaining self-belief our Indian companies believe in our nation's wealth, human resources, energy to achieve in business and at the same time when the company reaches new heights it fetches good reputation to our country and simultaneously increases our economic wealth. Meanwhile the employees who are obviously Indians they can feel the pride in working for our Indian company which tends them to accomplish their part well.|
|Dhamini said: (Jan 18, 2014)|
|Yes, I don't completely agree wit it, because even the Indian companies are in competition now and moreover mnc's just pretend with their advanced technologies, human capital which only includes the Indian skills.
Even it depends on the people dedications, if at all the employees dedicating themselves just for good packages then obviously the Indian companies are not in phase at all, but I truly believe that the Indian companies too have great competition towards mnc's.
|Nilesh said: (Jan 14, 2014)|
|Which are the type of professions or companies wherein they send employees abroad for training or for expos? I am in search of job which involves extensive overseas travelling.|
|Abhay said: (Jan 4, 2014)|
|MNC's are superior than Indian companies because they have an agenda, different ideas, access to new technologies, infrastructure, etc which enables them to grab so much of attention.
On the other hand India has huge talent which makes MNC's to focus on Indian employee. They give high salary, security, living standards, etc due to which employee at MNC's have easy life and dragging Indian talent into their company makes MNC's superior than Indian Companies.
|Guru said: (Jan 1, 2014)|
|Hello. Well I don't have enough knowledge about MNC, but according to my point of view, Mnc are superior than Indian companies, as I also work in Indian company, there you get less pay after giving your daily hours or extra hours because our country is still developing and need a lots of changes. But it is still developing and providing employment to various people around the world. I want from both Indian and MN Companies that they have to provide jobs not only to those who are eligible but have to give chances to those who can do better than their expectation, but cannot be selected because of their language problem and other issues. Indian companies still need more development and changes and mnc also need to provide chances of all.|
|Nita said: (Dec 31, 2013)|
I think Yes MNCs Superior to Indian Companies, but it have both advantages as well as disadvantages. If the employee in our country get their salary their wages properly means as per their works then it is superior because the MNCs gives us more advance technology. It gives us more jobs.
|Varun Kumar said: (Dec 25, 2013)|
|MNC's have large number of branches, high quality of infrastructure facilities when compared to Indian companies. Also the case that they attract number of youngsters by providing them good pay, other extra benefits, which Indian companies were not able to do. But as of today things have changed now our companies are in a stage to compete with any MNC.
Our infrastructure has developed a lot during the course of time, and were offering good amount of salary too. I think it is good to work as a part of Indian company rather being a member of any MNC, although MNC need our work more than anyone else in this world. Finally, I can say MNC are superior than Indian companies, but we can negate this statement in the coming years.
|Sasank said: (Dec 21, 2013)|
|The meaning of MNC is.
When a corporation that is registered in more than one country or that has operations in more than one country may be attributed as MNC. If you see the populous list of companies operated in india, one could say that almost all are MNC's. So the companies which operate only in India are few. So number of companies wise MNC's are superior.
Consider an Indian Company- BHEL. It is the one of the largest plant manufacturing power plant machinery and one of the reasons for its growth is using state of art technologies by collaborating with top MNCs like GE.
Comfortability wise flexible work hour timings, loss of pay are practised by MNCs and are followed in India.
So definitely MNC's act as a firm support to Indian company and hence are superior.
|Kishore said: (Dec 15, 2013)|
|In one point of perspective MNC'S are far better than Indian normal companies. MNC's provide good infrastructure, provide good salary to the employees. And MNC'S help in technological development in our country.
And if you compare Indian MNC's and foreign MNC's, Indian MNCs such as infosys, Reliance, TCS, Wipro, Tata group, Birla group etc are not less than any of the foreign MNCs. They are the examples of Indian success in industrialization and globalization. These companies are rivals of Foreign MNCs in their respective market.
And also the reason for the MNC's evolution and growth is indian's talent. so it is possible to develop indian companies by the youngsters joining in indian companies and develop them by exploring our skills and tallent.
|Amaan said: (Dec 11, 2013)|
|A main think is that we are not seeing the background clearly. We usually compare USA to India in terms of productivity but we often forget that USA got its independence from Great Britain almost 230 years ago and India got its independence 66 years back. India has developed 50% of USA in so less time. I hope it will be developed more than USA in 180 years.|
|Ramya said: (Nov 27, 2013)|
|I think that MNC are better than Indian company but it doesn't mean Indian company are not good. But MNC provide good salary and good environment and they allow to implement our talent. Everyone want to get job in MNC because we want to grow up in our society with help of good job and salary which is provided by MNC. It doesn't matter where you work and how to you just give best output. Indians are the backbone of MNC's. So I think both are having their own position in the world.|
|Kushal said: (Nov 22, 2013)|
|No I don't agree with above statement because India is a developing country and MNC's gives strength. Economical growth, advanced technologies, create active competitive environment and huge employment to our country so MNC's will always superior to Indian companies.
FDI investment for foreign companies proves that which one is superior and which is more important for increasing the GDP And GNI of country.
|Prashant said: (Nov 8, 2013)|
No doubt MNC's provide good salary package, they provide good great living standard and extravagant life and of course everyone's has a dream to go to MNC's. If we talk about Indian companies then we can't say that they are inferior than multi national companies.
I have a slightly different view here, I think that its the people/worker who make this great.
70 % Indian wants only comfortable life, they just want to get a good package and wants to do only comfortable job.
A job is just a job if you see it as a job, every job has a opportunity to explore your skills, explore your talents that's for what we made for. Either it is a MNC's or any Indian companies, we must give our best.
I have seen so many people who has been worked for MNC's and now doing GATE or IES coaching, they just want comfort life only.
I believe in MNC'S (indian mnc's or world level mnc's) , they provide excellent platform for skill developing and exploring our creativity, maybe I'm wrong but Indian companies provides comfort life only. They must provide a great opportunity for Indian engineers for developing their skills.
Both provide good package but it's up to us what we prefer, what we want i.e comfort or growth and comfort both.
|Manu said: (Nov 3, 2013)|
|Good Day All,
Superiority can be measured with many different constraints such as preferences given by the job seekers to the companies, the facilities and salaries provided by them, human resource management, timeliness, job security etc. Undoubtedly MNC's provide good facilities, salary to the employees. In case of customers, MNC's provide better service as they do not encourage corruption.
Accuracy and timeliness is also better in case of MNC's. But this doesn't mean Indian companies are far away when compared to MNC's. Indian companies are not far too back in case of facilities and salary, but are not up to the mark when compared to MNC's. In case of job security Indian companies are far better than MNC's. It should also be noted that MNC's are well known for their better human resource management. So one should say in case of superiority Indian companies are not very much lagging than MNC's.
|Rahul said: (Oct 27, 2013)|
|Well the above statement can't be stated as absolutely right because we are not about a single MNC or a single Indian company yes I agree that some MNCs are top class & every one wants to be a party of them but all MNCs are not that popular they cannot be declared better than our Indian companies because it is us Indian who make these MNCs work better we try to ignore what we have or what our Indian companies can achieve if we the youth of India believe in Indian companies & try to give them a chance to stand against those MNCs.|
|Asif said: (Oct 13, 2013)|
|According to my point There is no any bit difference in MNC and Indian companies. There's only one difference, people Minds are set that we will work in MNC Only. Good environment, good package, good life with no corruption. But India has same possibility if we think positively that first preference to my own nation it will definitely workout if our young generation think on this matter. Ex: Tata, reliance and other had proven that they are going hand on hand with MNC.
Thank you for attention.
|Venkat said: (Oct 5, 2013)|
|In my opinion there are both positive and negative points regarding MNC's.
1. They provide us with world class infrastructure facilities and great exposure with other cultures around the globe.
2. They provide a great platform for the people who are willing to take challenges.
3. They provide fat salaries and growth potential is more.
1. The people working in the MNC's couldn't balance their work life and family life equally.
2. In the MNC's we were doing projects for the foreign countries and making their revenues expand.
3. We were implementing the ideas of other people rather than improving our own ideas.
|Priya said: (Oct 4, 2013)|
|Yes, MNCs are superior because they are providing better opportunities, advanced technology and handsome salaries so naturally workers are attracted towards them. I think everyone have dream to work in google, facebook etc for making future bright. But if we focus on the other side then MNCs are taking advantages of our weakness and hiring at low salaries compared to their nation. We are attracted because we find the salary very high compared to salary in Indian company. So actions should be taken to stop brain drain for competing Mncs.|
|Civil Hari Kumar said: (Oct 2, 2013)|
|I agree with all the above mentioned points but I will never accept the MNC's as the superior company because MNC's are trying to make us their slaves indirectly, most of the people they don't understand this and they just get into such companies. The MNC's recruit only well talented and skilled people if this goes on who will provide work to the slow learners.
Moreover INDIAN companies like Ratan tata, reliance, ashok leyland and others are organised for their international standards. So the youngsters and students have to be thought about the Indian cultures and its values but whereas the MNC's spoil our culture.
So I conclude that INDIAN companies are best and INDIAN's are best.
|Sampriti Paul said: (Sep 26, 2013)|
|Wit due respect to all your points about the pros of MNC, we are completely forgetting some negative aspect about MNCs:
1. Existence in our country to get cheap highly skilled labour; what we think as high pay for us may be very low when compared to our western counterpart.
2. A good amount of revenue/ profit generated by our countrymen for these companies goes to the parent company situated in a far nation.
3. MNCs count very low on job security, as their operations in our nation works on strategic lines, they may wind up the company overnight if they found Indian operations unfeasible leaving out millions jobless.
4. Many MNCs exploit our natural resources to the advantage of their national development.
5. They have least concern for some of the basic Indian value system such as respect for seniors, welfare/social security provisions for employees family.
6. Rise of contextualization and the consequent exploitation of labour is because of them.
On the other hand Indian companies especially PSUs provide us with more job security and more welfare and social security measures backed by labour laws. Moreover entire resources and products are used for national development purpose only. Psus serve more on intangible benefits at their own cost which many of us cannot see. It would be also wrong to condemn labour intensive approach of Indian companies as they are a necessary constituent in providing livelihood to one of the world's largest lot of under skilled or semi skilled population of India.
Only the need of the hour is to have proper policies, flexibility, infusion of new ideas and innovative work practices and a more dedicated approach by our countrymen towards these Indian companies, that our companies will rise above the occasion and never let us down. At national as well as international level.
|Rithu Paul said: (Sep 17, 2013)|
|I think India is doing a good job but they have to see that India doesn't turn out be slaves to these MNC's. MNC's do provide good jobs, job security but there are pros and cons to every issues. I think India should adopt the modern technology and move away from the primitive ways of thinking which also helps to develop India. Thank you.
I think this was a good exposure for me.
|Sakthi said: (Sep 12, 2013)|
|According to my point of view, still we depending only foreign country. In India itself making any companies and provide the opportunities to the Indian people get good income and also benefit for the economy. Most of the people can get the employment opportunities. If it was happened we don't need to expect other foreign companies. Past few years about the dollar depreciation it has hit in Indian economy for getting imports more when compare to export. If keep on importing from other country it will effect on Indian gross domestic market better we will try to export.|
|Deeksha said: (Sep 4, 2013)|
Yes in today's time, MNCs have become superior.
But think for a while, why are they superior?
And the answer is they are superior just because of us.
They attract Indian people by providing better facilities, good exposure, a luxurious life and a good package; and therefore everyone wants to be a part of an MNC.
To get placed in a MNC is the goal of every one. Mine goal is also this.
But the reason is the condition of our Indian company. They don't provide neither good package nor there is a chance of getting good exposure.
Also, some Indian companies don't want to learn new technology and if they want then they can't afford. So, there is also less chance of creativity and challenges.
But since India is a developing country, our Indian companies should think of their better future and they also try to learn new technology.
|Shubham Gupta said: (Aug 31, 2013)|
|Hello gentlemen and ladies,
I think MNC's provide a better platform to the engineers. Work experience in a MNC will make our resume much strong rather than the working experience in a local company. India is suffered by the brain drain phenomenon due the rush of best minds to the west.
In the order to overcome the brain drain phenomenon we should develop our own technical market and investment in the sector of technology. Our most of the effort should be in the purpose to loose our sharp minds.
|Manasa Reddy said: (Aug 30, 2013)|
According to my point of view MNC's are good when compared with Indian companies and that are financially strong and that provides advanced technologies and developing new technology. Good salary, job security. But in India most of the companies are not technically developed.
Most of the Indian people are leaving to foreign and they use their knowledge and technology to MNC's.
So, India is still developing in each and everything and MNC's are growing just because of Indian's.
|Basu said: (Aug 15, 2013)|
|In my point of view Indian companies are not inferior than MNCs because now these days Indian companies are also become multinational companies. They provide good salary package, better work environment, good increment etc. Companies like TCS, INFOSYS, HCL, Reliance run their business in many countries and also provide job opportunities to the residents of that country.
It is true that Indian companies has less budget than MNCs and they also spend less money in R&D as compared to MNCs. In the end Indian companies are not inferior but they have to go long way.
|Abhishek Pathak said: (Aug 8, 2013)|
As far as I know MNCs are good for a nation as it is helpful in all types of sectors. But if the citizens of our country go for other countries then its not good. In place of developing other sides why can't you people just work in your nation so that you can establish yourself and can help others too. We know MNCs provide a good infrastructure and salary. But apart from it we should think of our nation too. We have lot of talents in our country then why should not we think it as a good part and can work here. Also you can't decide a company with its salary. So as per my view if we give chances to the youngsters then we can also be better than the MNCs.
|Radha Mohan said: (Aug 7, 2013)|
|Multinational company better than Indian company. Because we all know that India is developing country. MNC's provide better job, good salary, good in infrastructure suppose if MNC's plans some project in our country them most of the unemployed people get job with good salary. Indian company is said to be struggling company and mnc's company is settled company. MNC's often have monopoly power which enables than to make excess.|
|Viswanath S N said: (Aug 3, 2013)|
|First of all I am an INDIAN so I should like Indian companies But the real fact is MNCs are more capable than our companies you know why.
1. MNC having huge capital and Advanced technology.
2. MNCs bring more employment opportunity.
3. MNCs which will reduce our IMPORTS.
4. MNCs are main sources of our govt income.
5. MNCs bring Culture.
6. MNCs create a good relationship between home and host country.
7. MNCs provide Quality goods at less cost.
8. Last but most important MNCs are utilizing our resources effectively.
|Indian said: (Aug 3, 2013)|
In my view MNCs are superior than Indian company because of the following reason. But I never mean to say that Indian companies are not good. Because of the budget is very for MNCs * they provide better product, * they spend lot of money on research and development, they also * provide a better salary to their employees that makes employees satisfied hence they work more for the company, they are spreaded in many country so they very less affected by the recessions. But case is reverse for Indian country. Indian economy is growing not yet matured so the companies are also not earning much.
MNCs are recruiting very highly qualified folk. But Indian companies are taking average students.
|Savitharachuri said: (Jul 31, 2013)|
I think MNCs are superior to Indian companies because the very first reason would be >India is a developing country and the Indian companies offer less salaries as compared to the MNCs because MNCs are spread worldwide and the turnover is more compared to the Indian.
> Also there are many MNCs that hire resourceful Indian employees for their benefit whereas India has just a handful of employees from other nations who work under them and most of them would be from less economically developed countries.
> Also in India there is not much contribution towards the research whereas in other developed countries they solely concentrate on research and practice which is the main reason for countries development.
> Caste based reservations also play a major role in hiring employees who have the ability to work in the company because of reservations not many resourceful employees are hired.
|Yashi said: (Jul 7, 2013)|
I will take neutral stand on this topic.
Talking about about the MNC's, MNC provide growth, better opportunities, high packages, job security and chance to work in foreign. But on other hand, India have to pay tax for it.
Talking about the Indian companies, there are many big companies like TCS, ACCENTURE, WIPRO, RELIANCE etc which are not inferior to MNC in any aspect and have vital growth. Also, there many small companies in INDIA where we can develop our skills and knowledge more as compared to big companies because less number of employees are there so max work is to be done by employees.
For eg. If You see in IT companies, in small companies developer have to analyse the requirements, coding, testing, designing himself, while in big Companies developer have to write code only.
So, I conclude both are superior but both have same positions.
|Prudhvi said: (Jul 2, 2013)|
|I agree with all till posted and I believe MNC's plays a vital role in our GDP also because one have to remember that the highest tax paying comes from the MNC's. If they were generating income for only their nations then are the Social Activists of our country are sleeping?
Because of MNC's most of the citizens are getting jobs and they are able to feed their families.
Just think about us if we depend only upon the GOVT jobs.
|Chengappa M said: (Jun 25, 2013)|
1. MNC's are naturally superior to the Indian companies when it comes to the sheer infrastructure and efficiency with which the company works.
2. Youth today look for fast growth and increase in the skills of oneself both of these aspects are seen in the fast growing competitive MNC's.
3. The companies owned by the government though is highly developed and fully equipped, but the factors like profit, increase in skills cannot be seen.
4. Companies like L&T India's own multinational company has emerged as a winner, it has taken an Indian company to the world scenario. It has emerged as one of the best Indian multinational company.
5. L&T is the best example for the country to increase its own companies productivity and rise into being self sufficient and try to increase the manpower for profits and 100 pc productivity.
|Amit said: (Jun 22, 2013)|
|Good afternoon everyone I am amit both companies are superior if we talk about India there lots of people are not well educated then they don't take the entry in MNCs companies then I thinks Indian companies superior for Indian employee ya if we talk about todays scenario Indian students are well educated and going on MNCs and abroad.|
|Karan said: (Jun 16, 2013)|
|Well I have worked with an Indian company for 3 years, although all the projects are for US clients. I started at a low salary but after 3 years today it is probably greater than the MNC. This was possible because a smaller organization means transparency and more challenging work due to less people and your talent gets focus to the topmost hierarchy in organization. So I would say smaller and Indian companies are fine to start your career but shift to MNCs after a period of time since MNCs provide better infrastructure, growth in long time, better pay in long race and job security.|
|Poonam said: (Apr 30, 2013)|
|HI Friends, According to me both Indian companies and MNC'S has their pros and cons. MNC PROVIDE US HEALTHY ENVIRONMENT, GROWTH OPPORTUNITY, good packages, chance to go abroad and make people to live wealthy life. That can't be get easily in Indian companies. But due to large work pressure, job insecurity create lots of health problem in MNC. People suffers from hypertension, blood pressure, sugar, heart attack in small age are going to be common factor.
Indian companies provide job security, Pension after retirement. Relaxed job, tension free job. Growth opportunity comparatively are less as compared to MNC BUT JOB IS TENSION FREE who are the major factor of causing serious health problem.
|Suhail Khan said: (Apr 26, 2013)|
I agree with all of your opinion. According to my opinion is that Indian Companies are good but MNCs are better than the Indian Companies because MNCs gives us many opportunities such as good salary and chance to going abroad and good packages also. It is all about only because Indians. Sixty five percent are Indians in MNCs approximately. Indian are the backbone of MNCs. I did n't say is that Indian Companies are not good, Indian Companies are very good. Indian Companies provides us pension after retirement. It's good for us. MNC's are very good for there country. My preordinance is both are equal and best for us.
|Urvashi said: (Apr 14, 2013)|
|Well I think both MNCs and the Indian companies have advantages and drawbacks. With Indian companies you have job security during recession whereas mncs provide us a better environment to grow and learn, to update yourself with new technology. But above all it all depends on a person's skills and abilities what he gains out of it.|
|Dev said: (Apr 8, 2013)|
|According to me Indian companies are better than multinational companies because due to investment in Indian companies we increase our national income. If we are talking about the mnc they are good for only their country not for our country. MNC have a negative effect on our Indian economy. Thanks.|
|Dipesh Patel said: (Apr 5, 2013)|
|I thinks that MNC'S companies are better than Indian companies as they pays us not only good salaries but also the knowledge about the different skills and policies that can't be get in Indian companies. After doing the job in MNC companies our future becomes more secure to take the higher post jobs.|
|Pardeep said: (Mar 22, 2013)|
|I want to say that as we done our graduation every one wants to get a job specially in MNC. Means every one knows MNC give us a nice salary package. MNC provides all the facilities that a employee dreams just employee has to do work according to the company's requirements.
India is a leading in IT sectors so TATA, ACCENTURE, INFOSYS and all others companies are increasing their web into abroad too.
But according to my view, in present time if you have skills you can earn money more than a MNC employee at home or in small organisation, it doesn't matter where you are and how do you do work just give the useful output.
|Arun said: (Mar 21, 2013)|
|MNC means multinational corporation and MNC is better than Indian companies because we all know that India is developing country so MNC put better efforts in developing the economies of developing countries. MNC provide better job, good salary, good infrastructure. Suppose if MNC plant some project in our country then most of the unemployed people get job with good salary, MNC starts race to the top rather then race to the bottom. Indian company is said to be struggling company and MNC is a settled company, you say. If MNC's goes under loss then it will surely effect the Indian market/company that is what called recession.|
|Ankit Negi said: (Mar 13, 2013)|
|Hello friends. I think our Indian companies are more capable and have more potential then MNC companies both inside and outside of our country. Bharti Mittal, Reliance, Tata are just a few Indian brands which are globally recognized by the international economy. These are the fastest growing companies in the world because of its highly productive employees and cost effective policies. Due to its cheaper and quality services many foreign customers takes the services of Indian companies. On the other hand, many MNC companies are failed to even survive for a year in our Indian market. These companies are not able to understand the demand of Indian customers and thus fails to provide the best of services.|
|Jithin said: (Mar 9, 2013)|
|I can't agree that MNC is superior on Indian companies. Here the basis of expectation of getting more salary we just go for MNC companies. But here we forget one thing that in MNC companies also more very intelligent Indians are working. Their effort is there. Likewise we can also take the Indian companies to grow up and make it as a good company.|
|Prashant said: (Mar 5, 2013)|
|According to me, we can't judge the company on basis of where is came from I meant to say that is it MNC or is it a Indian company. Both companies have their own vision, policies etc if you see the IT Indian market there is TCS leads among of them, which is Indian company.|
|Manikandan.P said: (Feb 19, 2013)|
|MNC is better for all the type knowledge getting how to sell our products and working experience is valuable Indian companies, better environment to put skill on our best level. MNC company's during training period giving abroad as well as to improving knowledge.|
|Venkatesh.V said: (Feb 17, 2013)|
|Yes, MNC companies is better than Indian Companies Because MNC companies paid big amount of taxes to our India government. But Indian companies are like Government companies they felt they are the king in the Indian market in earlier days, after entering the MNC companies it gives more competitiveness to the government companies. And it improves our country economic growth, updating technology, low cost with the best quality.
Can you say with out MNC companies has India give good competences to global market?
|Indira Priya Dharshini said: (Feb 12, 2013)|
|Simply we cannot judge that which company is best because every company has its own vision, way of working process, facilities. And the which has best qualities it is the best company and become top company.|
|Mukul Kumar said: (Feb 10, 2013)|
|I agree with you all friends. As my thought MNCs is better than Indian companies. I have some factors which prove that how MNCs is better.
1 ---> MNCs provide better environment to put skill on our best level.
2 --->It provide good packages of salary as compare to Indian companies.
3 ---> It have good infrastructure.
4 ---> It provide security, policies, facilities etc.
And I want to tell you something that Indian companies may be MNCs like infosys, wipro, Tata etc. So my conclusion is MNCs is better than Indian companies.
|Aditi said: (Dec 6, 2012)|
|For me, both the type of companies does not matter. We cannot state a generalize statement on this. Few MNC's can b better than Indian counterparts or vice-versa but not the rest. This cannot be generalized.
Every company is laid on few policies, vision and process of working. All these determine the superiority of a company. Being a MNC or Indian brand is not the correct criteria to judge a company.
|Praveen Goswami said: (Nov 29, 2012)|
|To me, the most important things are to make human resource more productive, if any organization succeed in it, it definitely gain a competitive edge. MNC are the group of companies that operated in different countries, there's no thumb rule that in every country they perform good, reason being different country have different succeed type of culture in which country operates, so company who sense and adapt this is definitely at good position. Same is true with Indian Companies, some of them being a benchmark for MNC's.|
|Saurav said: (Nov 24, 2012)|
|According to me multinational company's are not superior over Indian though they sell their products at the cheaper rate but the kind of atmosphere a worker wants to work with not finds in MNC. Which affects his efficiency of doing work more. I don't say Indian company's are the best but also they are not behind MNC.|
|Charan said: (Nov 20, 2012)|
My feeling is that MNC's are not superior to Indian companies but I also don't say that Indian companies are superior in fact I say that we are making MNC's superior and moreover holidays are more given by Indian companies and working hours are also suitable for Indian fellows.
|Suvronil Banerjee said: (Nov 15, 2012)|
|MNC means Multi National Company. These companies are developing more & more now-a-days. TATA, RELIANCE, INFOSYS have progressed certainly well not only in India, but also in other nations. Superiority is established not only according to progress, but the environmental set up matters a lot. It is true that PSUs are full of corruptions. Employees are talented enough but brains are not responding to productivities. MNC fetch young talents and young generations rush towards the rapid inflow of better offers and competition. All PSUs are not like this. We have to remember ONGC, NTPC, Indian Oil, BHEL etc are progressing effectively. Indian Companies like PSUs offer good salary, job security and economic supports up to the end of lifetime. Honesty and trust will gradually rise in near future, we hope so.|
|Siddhu said: (Oct 22, 2012)|
|Earlier my POV was, the difference between Indian co's and MNC's are that Indian co's follow the same old architecture of working 9 to 5, doing the same kind of work again and again, not doing something different to get pace with markets and other MNC's and most importantly Growth.
But If you see the facts and figures, how Indian companies have changed their trends. Even they are working very hard and also doing many things different like giving chance to young talents, hiring from Tops B schools and other good colleges.
Regarding timings and job security, only thing matter is the "Work", so If you work for either MNC or for govt co's, no need to hamper for job security.
I am not going against MNC's as they are fulfilling the needs of us, providing employment to our friends, brothers and sisters.
And most importantly, It is very tough to get government job as compared to MNC job.
|Afroz Khan said: (Oct 21, 2012)|
As we have seen how the MNC companies follow there business strategies and how they are effective to control any problems and how they are using Indian man power to save there cost. So this is the good learning for us to make our county companies to that level and use the same planning like MNC. In future time should come that we should outsource to other countries.
|Anuj said: (Oct 12, 2012)|
|I think mnc's are not bad one. They gives us good packages of salary, good environment, it is another thing that there is no job security in mnc but if they have a job security then they also not working honestly, employees not complete their tasks on time, they just avoid their work as like government department employees. So I think mnc's have some superior properties as compare to Indian companies.|
|Gudia said: (Sep 28, 2012)|
I'm not saying MNC are not good but Indain companies are also good. People run towards MNC because they give high packages but if they try to find the efforts in Indian companies they can.
Today generations want to do their studies from abroad and do jobs there so they get good packages. But by doing so they are also going far away from their families.
|Ads said: (Sep 21, 2012)|
|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.
|Abhijit said: (Sep 20, 2012)|
Question is MNC superior or not.
I will say it is superior than a NON MNC company, I am not saying Indian Company, if a Business Setup by a Indian in lot of countries it can Known as MNC (Multinational company) same as Product belongs from which nation from home land or from other nation Basically important thing is Revenue How to generate if this companies are coming from other nation to our Homeland First thing is Job How much vacancies they can generate for Homeland People if they are looking only Business than our Minister level think about our Homeland revenue if a man of our country earns a payment from MNC Company and deposited into Bank our transaction increase due to our value of rupee increase Definitely MNC companies are paying lot than Homeland companies to hold employee for long period Now Homeland companies are also paying good packages due to some political involvement and weak Business strategy they suffer. Corruption is lot in our country, if this hurdle remove than our Indian peoples can also setup good Business in our own and other countries. Matter is our revenue How to Increase value of our revenue to generate the money with our Homeland people So they can secure their future.
|Manish Singh said: (Sep 18, 2012)|
|Hi friend..as per my opinion...mnc is not better than indian company...why, i am saying these things...there are some few reasons....now i am going to explain here...
1. they are only want to develop his capabilities and to be show his potential performance into the world...
2. if those companies are not thinking about his nation and not participated to be any function for developing to his nation..so, how can we say, it is better company.
3. Mnc has only one moto to earn the moeney. but indian companies is thinking be-different. they want progress to our country and participated to each and other way.
4. one more reason...mnc offer good salary to his employee and also take care only for the service period..after service they don't want to guarantee for your life.but here not securing the job also, if your performance is good then okay, otherwise you have to leave....but indian govt.companies, they provide better facilities compare to mnc..and also secure the job also...people were enjoyed alot. after completing the service, they provide pension facilities to his employee for enjoying the rest of his life with family.
that is the reason, why i am not favour to the mnc companies..
thank you friend........
|Sharu said: (Sep 10, 2012)|
|I agree with all my friends opinion. But my point of view Indian companies also support to growth the India. Compared to MNC, they have less profit but if try to improve the industries then we get surely successful.|
|Sheru said: (Sep 3, 2012)|
|Yes and No.There are certain companies in India which are far better than MNCs in their respective business world.But its true that majority of Indian companies do lack the competitive advantage over the MNCs.We can classify the Indian companies in two categories:private sector and public sector.In public sector majority of companies despite having the huge potential for growth are suffering a lot due to government regulations,unnecessary red tape,inflexible management and huge workforce.In private sector some of the companies have gone global and they are giving a tough competition to other MNcs.For example Tata steel toady is the 5th largest steel group in world after it acquisition of Corus in 2007.Reliance,Infosys,wipro,LNT are well known established firm toady with a very strong market penetration in different parts of world.
Even in Public sector, there are some companies which are doing good.BHEL and ONGC are good examples.I think that main reason for this sluggishness on part of PSUs is rampant corruption,lack of good working environment and not so attractive salary compared to MNCs.But lets not forget the fact that its the INDIAN who runs the silicon valley of America,its an Indain who created the world's largest steel company Arelor Mittal and if you look at the workforce of MNCs you will find lot of Indians at top position who had worked previously in some Indian company and who left their job due to lucrative offers from MNCs.So I believe that if our companies can get read of corruption and provide a better working environment and a better salary we might well be a hub for hundreds of globally known multinational companies.
|Mayank said: (Aug 28, 2012)|
|I think Indian companies are more better than mncs now a days although they are more working envioroment but Indian companies have much friedly enviroment and in mncs loss of company directly affect to emloyees such as sometimes the companies reduce tneir package or dismiss them. If I will talk about domain companies their revenue is very less than mncs so these type of codations are managable.|
Is MNCs Superior to Indian Companies?
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