Who says MNCs are superior to Indian companies?

Hi, I'm a person who has the work experience in both the sectors. Previously I used to work in a renowned IT company as a software engineer, now I work in a PSU as a specialist-officer (engineer). I must say, both sectors have its pros and cons, and neither of them can has the power to claim itself as "superior" than the other. In a way, MNCs open the channel for globalization, but the situation was quite serious when the world economy was hit by the recession-culprit.

The bottomline is: jobs in private sector lacks security, and there lies the main worry. On the contrary, public sector jobs are both secure and easy-to-do. Even if the economy goes down, your salary won't get affected. Also, after 6th pay commission, Government wages have gone through a massive hike, and is no less than any private sector job. Even people from standard-A B-schools don't hesitate to take an entry into Govt. Sectos jobs after getting an MBA. Still it's true that getting a job in public sector is not that easy, competition is high. And it's true that public sector lacks the dynamicity of MNCs.

Everything goes in slow pace in PSUs, but if anyone has genuine interest to get into the depth, he/she can do detailed study on that, since there's ample of spare time to invest for some good purpose. There's time to take a breath, the environment is not quite like a breathless one as in MNCs.

MNCs gives us one opportunity to mix with the world. The important role of MNCs is to set up a path to go to beyond, and also maintain the economic balance with the whole world. So mncs are not devils in disguise.

MNC's plays an important role in boosting up Indian Economy. In support of this we can say, MNC's bring foreign investors to India and hence helps in globalization of Indian Market.

Hi,i think entry of MNC's in India has prooved to be a gr8 boon .It has lead to development in various sectors specialy in the It sector which was not so developed few years back in our nation .MNC's provide handsome amount of salaries to the employees according to thier work and also chances of growth are more in private sectors .Most imp factor is MnC's basic approch and vision is far better than those of govt. ones