Is MNCs Superior to Indian Companies?
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122 comments Page 8 of 13.
Sakthi said:
1 decade ago
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.
(15)
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.
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)
Ashil said:
9 years ago
Hi, friends.
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.
Thank you.
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.
Thank you.
(15)
Radha mohan said:
1 decade ago
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.
(14)
Shubham gupta said:
1 decade ago
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.
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.
(14)
Rahul said:
1 decade ago
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.
(14)
Dev anandan said:
1 decade ago
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.
(14)
Prashant Patro said:
1 decade ago
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.
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.
(14)
S.Kiran Kumar said:
9 years ago
Hi Friends,
What the thought is that the MNCs are the superior and good to India. But local and government companies are also better than MNCs in some areas like giving pensions after retired from job and providing job security for as long as he/she want to do the job. Wheresas MNCs don't have such facilities and in these companies we don't have job security. But one thing is true that as long as we are skilled and updated for this new generation we will survive in MNCs.
Thank you for your patience.
What the thought is that the MNCs are the superior and good to India. But local and government companies are also better than MNCs in some areas like giving pensions after retired from job and providing job security for as long as he/she want to do the job. Wheresas MNCs don't have such facilities and in these companies we don't have job security. But one thing is true that as long as we are skilled and updated for this new generation we will survive in MNCs.
Thank you for your patience.
(14)
Dilip singh rana said:
9 years ago
Sir, see the salary and facility including bonus, canteen, medical facility difference between MNCs and Indian companies if I said Indian company is the main reason of enhancing the poverty in India then it is not wrong. MNCs company provides every facility to their employees so that their living of standard is much higher than Indian companies employees.
See the salary structure of Patanjali company.
See the salary structure of Patanjali company.
(14)
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