Is MNCs Superior to Indian Companies?

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122 comments Page 5 of 13.

Shobha said:   1 decade ago
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?
(82)

Jack said:   1 decade ago
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.
(15)

Gandhi said:   1 decade ago
Good morning.

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.
(30)

Prakash Sharma said:   1 decade ago
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.
(16)

Vinod Sonawane said:   1 decade ago
Hello Friends,

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.
(28)

Aditya said:   1 decade ago
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.
(22)

Poonamverma said:   1 decade ago
According to me both are mnc and Indian companies are better then each other on few points.

Eg.

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.
(11)

Rajendra sharma said:   1 decade ago
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.
(3)

Nagender said:   1 decade ago
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.
(74)

Sundar said:   1 decade ago
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.
(10)


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