Is MNCs Superior to Indian Companies?

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.

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.

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.

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.

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.

Hello Everyone,

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.

Thanks.

Hello friends.

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.

Thanks!

Hi Friends,

In my opinion, MNC company is better than Indian company. If you are an average person in communication or knowledge about the particular segment, they will teach you trained you finally they mold you, you will reach some level what others have knowledge or communication, personality same entity.

MNC will observe your ability and leadership style and based on that they will give a promotion. Now many of the Mnc companies are included diversity. That\'s the welcome note, I have seen last three years. In this pandemic, Most of the companies are not deducted employees' salaries.

But Indian entities will not look at your personality your knowledge and other parameters, here only speaks experience and politics. Many of my friends who all are working for Indian companies are not getting a salary in this pandemic, even though the company has achieved positive growth. No proper training's to develop their knowledge and update the current trends in the particular segment, I am not telling all the Indian companies are doing, the majority of the companies are like this, some Indian companies also doing fabulously.

This area needs to be the focus on if we can do proper training, our dependency will be less to expect MNC products.

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.

Hello everyone,

According to me, MNC's are basically hindering the growth of Indian companies. In short, history if we amalgamated the data it was mentioned that many of the startups and new ventures did not come into light among the people. As we all know that India is a country who is rich in resources but due to these MNC'S these resources have been used in their businesses and they take away the money to their countries. The campaign DESH KA PAISA DESH MEIN RAHENA CHAHIE, would also take a gumption towards profit generation for the country and also be enhancing the Gdp growth as well as many job opportunities within India. Many brands such as, Patanjali which is a customer's ethnocentric brand, have also introduced the campaign SWADESHI ApNAO, which is also helping the people to get aware of using Indian products rather than MNC'S such as p&G, Cadbury and much more.

At last, to sum up all the things together I want to conclude by saying that we are all Indians and should be endowed to use swadeshi by dint of which, our country's economy would grow faster and we would also become the most powerful nation of the world.

Thank you!