India to produce more MNCs multinational companies than any other country: PwC

Discussion in 'Economy & Infrastructure' started by LETHALFORCE, Apr 30, 2010.

  1. LETHALFORCE

    LETHALFORCE Moderator Moderator

    Joined:
    Feb 16, 2009
    Messages:
    20,550
    Likes Received:
    6,552
    http://www.business-standard.com/in...-more-mncs-than-any-other-country-pwc/393443/



    India to produce more MNCs than any other country: PwC


    India is expected to produce the highest number of new multinational companies (MNCs), overtaking China as the emerging world’s largest such source. Over 2,200 Indian companies are likely to open operations outside the country over the next 15 years, says a new report by PricewaterhouseCoopers (PwC) on emerging MNCs.

    The report says the number of companies from emerging markets choosing to set up operations abroad has increased in the past five years, partly due to the rapid pace of globalisation and the revolution in information and communication technologies. This trend is expected to continue over the next 15 years, as new MNCs from emerging economies rise in prominence on the global economic stage.

    Indian and Chinese companies would lead the way in seeking new markets abroad, who will be joined by companies from Singapore, Russia, Malaysia and South Korea, who will continue to produce a large number of new MNCs.

    Jairaj Purandare, India Leader for Markets and Industries, PwC, said: “It is encouraging to know that India will replace China as the largest source of new multinationals in the emerging world from 2018 onwards. The key drivers for this are the relative increase in both investment intensity and openness that the Indian economy offers.”

    PwC used econometric techniques to project the number of new MNCs that would arise from a representative sample of 15 emerging economies over the next 15 years. The countries were: Argentina, Brazil, Chile, China, Hungary, India, Malaysia, Mexico, Poland, Romania, Russia, Singapore, South Korea, Ukraine and Vietnam.
     
  2.  
  3. nandu

    nandu Senior Member Senior Member

    Joined:
    Oct 5, 2009
    Messages:
    1,913
    Likes Received:
    162
    Location:
    Jamshedpur,INDIA
    India, China to produce most multinationals - report

    India, China to produce most multinationals - report

    MUMBAI (Reuters) - Indian and Chinese firms, seeking resources and new overseas markets as they expand, will lead a host of new multinational firms from emerging economies over the next 15 years, according to PricewaterhouseCoopers.

    The number of companies from emerging markets that have set up operations overseas has increased over the last five years as their economies expanded, and with the easing of trade barriers, enabling them to outpace sluggish developed markets, it said.

    "This is further evidence that companies from emerging markets will play an important role in the post-recession global economy," said Jairaj Purandare, PWC's India leader for markets and industries.

    The report counted 613 new multinational companies from 15 key emerging economies in the year 2008, up from 352 in 2005. China, with its increasing economic clout, had the most MNCs.

    Russia, south-east Asia and Korea also added multinationals in large numbers and will continue to do so, the report said.

    "Size matters; the countries with the largest economies in the sample, China, India and Korea ... also produced the most new multinationals," Purandare said, adding that trade openness also matters, with Singapore and Malaysia outpacing Brazil and Russia.

    Indian companies including automakers such as Tata Motors and Mahindra & Mahindra, as well as Tata Tea have entered overseas markets through a series of big-ticket acquisitions in recent years.

    More than 2,200 Indian companies are expected to open operations overseas over the next 15 years, overtaking China because of easing foreign investment rules, Purandare said.

    "The key drivers are the relative increase in investment intensity and the openness the Indian economy offers," he said.

    While some recent deals, including mobile operator Bharti Airtel's with South Africa's MTN have been in other emerging markets, there will be a shift away from this trend, with firms favouring developed markets, Purandare said.

    And, despite the current race for oil and mining assets, more firms will operate in high-value manufacturing and services.

    China and India will still account for 42 percent of the new multinationals over the next 15 years, perhaps because of the projected fast pace of economic growth for both, with India overtaking China in producing multinationals from 2018, he said.

    "The reason that India edges out China, despite slower forecast growth, is its likely relative increase in both investment intensity and openness, which (we) have found to be key drivers of the creation of new multinationals," he said.

    By contrast, China's current level of investment intensity is unlikely to be sustainable in the long term, he said, with domestic demand also expected to help hold down trade openness.
     
  4. badguy2000

    badguy2000 Respected Member Senior Member

    Joined:
    May 20, 2009
    Messages:
    4,957
    Likes Received:
    613
    "To" again.

    "to" is always the key word
     
  5. Iamanidiot

    Iamanidiot Elite Member Elite Member

    Joined:
    Dec 21, 2009
    Messages:
    5,326
    Likes Received:
    1,493
    reliance,mahindra and Mahindra,L&T,TATA's ,Bharat Forge what are all they badguy
     
  6. Iamanidiot

    Iamanidiot Elite Member Elite Member

    Joined:
    Dec 21, 2009
    Messages:
    5,326
    Likes Received:
    1,493
    they also predicted china will be a superpower
     
  7. LETHALFORCE

    LETHALFORCE Moderator Moderator

    Joined:
    Feb 16, 2009
    Messages:
    20,550
    Likes Received:
    6,552
    Why is this a problem for China?? China is a low cost manufacturer Indian companies are not in the same category??
     
    Last edited: Apr 30, 2010
  8. Agantrope

    Agantrope Senior Member Senior Member

    Joined:
    Nov 1, 2009
    Messages:
    1,247
    Likes Received:
    68
    Cost is directly proportional to the Quality. Super power cant mum on the world issues literally they need to poke their nose with the Unkils. lol!!!
     
  9. Necrosis Factor

    Necrosis Factor Regular Member

    Joined:
    Mar 20, 2010
    Messages:
    86
    Likes Received:
    7
    Pray tell us which Chinese large MNC is making a living off low cost manufacturing? All of them are IT/heavy industry/financial institutions.
     
  10. LETHALFORCE

    LETHALFORCE Moderator Moderator

    Joined:
    Feb 16, 2009
    Messages:
    20,550
    Likes Received:
    6,552
    go to walmart and you will get you answers, Chinese are cheap low end manufacturers whether it is electronics or underwear.
     
  11. Necrosis Factor

    Necrosis Factor Regular Member

    Joined:
    Mar 20, 2010
    Messages:
    86
    Likes Received:
    7
  12. LETHALFORCE

    LETHALFORCE Moderator Moderator

    Joined:
    Feb 16, 2009
    Messages:
    20,550
    Likes Received:
    6,552
    This is the current list and it has nothing to do with this thread, i don't want to compare it to what chinese are doing. Since there are no Indian companies on the list no one needs to worry.
     
  13. Necrosis Factor

    Necrosis Factor Regular Member

    Joined:
    Mar 20, 2010
    Messages:
    86
    Likes Received:
    7
    You said that Chinese MNC's are in the low-cost manufacturing biz. Clearly, the largest ones are NOT.
     
  14. LETHALFORCE

    LETHALFORCE Moderator Moderator

    Joined:
    Feb 16, 2009
    Messages:
    20,550
    Likes Received:
    6,552
    This thread has to do with the number of MNC's in the future , no more off topic discussion, yes you are right Chinese are advancing beyond their traditional economic base.
     
  15. Necrosis Factor

    Necrosis Factor Regular Member

    Joined:
    Mar 20, 2010
    Messages:
    86
    Likes Received:
    7
    Sorry for bringing it further off discussion. Only responding to this:

    "Why is this a problem for China?? China is a low cost manufacturer Indian companies are not in the same category??"
     
  16. LETHALFORCE

    LETHALFORCE Moderator Moderator

    Joined:
    Feb 16, 2009
    Messages:
    20,550
    Likes Received:
    6,552
    Chinese members seemed to be unhappy with this development?
     
  17. Yusuf

    Yusuf GUARDIAN Administrator

    Joined:
    Mar 24, 2009
    Messages:
    24,274
    Likes Received:
    11,283
    Location:
    BANGalore
    I am going to close this thread if the same old thing is not stopped. Dont you people get tired of repeating the same thing day in day out? Open any thread that has something on India or china and boom we have the same arguments again.
     
    LETHALFORCE likes this.
  18. debasree

    debasree Regular Member

    Joined:
    Feb 7, 2011
    Messages:
    811
    Likes Received:
    82
    Location:
    Calcutta, India, India
    chinese friend believe it or not every where chinese products are sold because they r cheap but not good as quality product ,they r mostly like use and throw types,in west u guys sold lot of things,as thir peoples mentality suits urs product,but in country like india urs product can not penitrate much for this.
     

Share This Page