The Dutch East India company was the second multinational corporation in the populace (the first, the British East India Company, was founded two years earlier) and the first company to secrete stock, and it was the largest of the early multinational companies.[2] It was also arguably the worlds first megacorporation, possessing quasi-g all overnmental powers, including the efficacy to wage war, negotiate treaties, coin money, and establish colonies.[3]
Some multi national corporations are very big, with bud hails that exceed some nations GDPs. Multinational corporations can have a powerful influence in topical anesthetic economies, and even the world miserliness, and play an important role in international relations and globalization.
Another key finding of the persuasion is that India is no longer just a key R&D location.
The country is also fast gaining importance in terms of revenue generation. India revenues are rising and becoming observable in the global revenues of these companies.
The year 1992, that was when India opened up its economy and invited foreign investments. Many feared that, Indian companies would be taken over by foreign Multinationals, and would wipe out the budding Indian Entrepreneurial talent. It is fifteen years since, Indian economic reforms started paradiddle over; Indian industrial flag zoomed high and its flit with pride in the international skies; Today many pedigree houses of India are in the acquiring spree of multinational companies world wide; Indian multinational companies are born.
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