MNC'S Lead to Uneven Development_Against
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MNC'S Lead to Uneven Development_Against

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MNC'S Lead to Uneven Development_Against Presentation Transcript

  • 1. X Unable to pay back the foreign debt. X Indian economy crashed.  Liberalization & Globalization.  Free access to MNC’s.  Jan 1997 India opened $36billion govt. securities market to FII’s. 1991 CRISIS
  • 2.  Entered India on Feb 1st 1990.  Employs 5000 people across 6 business units.  Planning to invest $1.7billion & add 3000 employees. MICROSOFT IN INDIA
  • 3. DEVELOPMENTS
  • 4.  Nokia entered the Indian market in 1994.  Nokia is the world leader in mobility NOKIA CONNECTING PEOPLE ABOUT NOKIA
  • 5.  Nokia India Joins Hands with WWF (World Wildlife Fund) - India to “Save the Tiger”  NOKIA "Helping Hands' Initiative for Schools NOKIA’s Approach towards the Society:  We: Create  We: Energize  We: Recycle  We: Support NOKIA CONNECTING PEOPLE NOKIA & SOCIAL RESPONSIBILITY
  • 6.  NOKIA is World’s #1 manufacturer of mobile devices, with estimated 38% share of global device market in 2007.  NOKIA is planning to further expand its production capabilities in India, the Total Investment in Nokia Telecom Park in Tamil Nadu will reach $285 million by December 2008.  India has a major role in Nokia's overall growth and has become the second largest market for the company after China. India contributed nearly seven per cent to Nokia's total global revenues of 51 billion in 2007. NOKIA CONNECTING PEOPLE ThE CURRENT SCENARIO
  • 7. KEY FEATURES: 2) DUST RESISTANT 3) TORCH LIGHT 4) DURABLE 5) SIMPLE FEATURES 6) Internet based services in agricultural services and support services for the non-urban markets GOVERNMENT SUPPORT TO NOKIA Approval of Rs 675 crore Special Economic Zone (SEZ) near Chennai. note: SEZ will be a kind of Free Trade Warehouse, where about 200 vendors of Nokia will park their products and Nokia will import from them as and when required. NOKIA CONNECTING PEOPLE NOKIA IN RURAL MARKET
  • 8.  LG Electronics India Pvt. Ltd., established in January, 1997 after clearance from FIPB.  Consumer Electronics, Home Appliances, mobile phones and IT products.  Manufacturing facility at Greater Noida, in 1998, with an investment of Rs 500 Crores.  In 2004, LGEIL also set up india’s 1st GSM manufacturing unit in Pune with Rs 150 Crores. LG ELECTRONICS
  • 9.  LG Electronics India (LGEIL) is planning to invest over Rs 1,100 crore in the next three years (2007 report)  Spent heavily in R&D activities in India ( $50million )  Domestic sales contributing 81 per cent and overseas sales 19 per cent.  Products exported carrying “Made in India” tag.  Exclusive category of hi-end consumer electronics products which include plasma display panels, projection televisions, LCD TVs, projectors, monitors and optical storage devices. ABOUT LG
  • 10.  Defines all cities and towns other than the metros cities as rural and semi-urban market. To tap these unexplored country markets, LG has set up many area offices and rural/remote area offices.  Almost 70 per cent of our sales came from the semi-urban & rural market.  Use vans and road shows to reach rural customers & inform them about the company brands and the various service-oriented programmes.  The company uses local language advertising.  In 1998, it developed a customized TV for the rural market and christened it Sampoorna. It was a runway hit selling 100,000 sets in the very first year.  Product localization is a key strategy used by LG. It came out with Hindi and regional language menus on its TV. RURAL FOCUS
  • 11.  LGEIL also takes care of 24 villages around Greater Noida out of which six have been adopted formally.  Provide Free Medical Care to these villages & the 7 villages around their Pune factory.  A veterinary doctor from World Buffalo Trust visits the villages everyday.  'Tinkha,' a community development club.  LG India has tied up with NGO’s like Prayas, HelpAge India.  NGO-Jan Shikshan Sansthan - generating self-employment opportunities.  Donated generously to sudden natural calamities like the recent Tsunami disaster and the Mumbai floods. SOCIAL RESPONSIBILTY
  • 12. TOYOTA MULLS 1,500 CRORE TO INDIA FOR FURThER PLANT ExPANSION. •Toyota to invest 1,500 crore rupees in India • Matter was chaired chief minister and industrial minister • Not to disclose the investment amount • Has market share of 5% in 2005 , and know projecting 15% share in 2015
  • 13. TO OPEN TEChNICAL INSTITUTE IN BANGALORE • To open training institute in Bangalore by Atusthi Toyoshima. • Four course will be provided namely automobile assembly , automobile paint , automobile wield , mechatronics . • Special training will be provided at Toyota kirloaskar plant •"We hope that these bright young minds will be able to lead the strengthening of Toyota Production System at the plant. Good people make good products," added Toyoshima
  • 14.  ABN AMRO established in 1824 and has assets over US $504 billion and is among best 10 banks in the world.  ABN AMRO in India operate mainly in corporate and institutional banking, business banking, private banking services, asset management and micro financing.  Its Micro Financing program is the largest amongst among its peer foreign banks in India.  It offers services through 26 Micro Financing Institutions across 16 states and have 390000 customers receiving micro financing small loans with US $200 or less. and hosted first electronic banking in Micro Financing.  It will be hosting Micro Financing Process excellence awards 2008. This would be held in November 2008 as gala award ceremony. ABN AMRO
  • 15.  MNCs create employment opportunities in the host countries. It helps to create a pool of managerial talent in the host country.  Helps removal of monopoly and improve the quality of domestic made products.  Promotes exports and reduce imports by raising domestic productions.  Goods are made available at cheaper price due to economies of scale. BENEFITS OF MNC’S: