Question
Which Indian companies have become MNCs with the competition in globalisation?
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Answer
- Several of the top Indian companies have been able to benefit from the increased competition.
- They have invested in newer technology and production methods and raised their production standards.
- Globalisation has enabled some large companies to emerge as multinationals themselves like Tata Motors (automobiles), Infosys (IT), Ranbaxy (Medicines), Asian Paints (paints), Sundaram Fastners (nuts and bolts) are some Indian companies which are spreading their operations worldwide.
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