Scribd Logo
Upload

Welcome to Scribd!

  • 406 views

    Liberalisation, Privatisation and Globalisation

    Uploaded by

    Shruti Kurup
    The introduction of liberalization, privatization, and globalization (LPG) in 1991 led to significant growth of Indian multinational companies. Major Indian companies like Tata Group, Asian Paints, and others expanded globally through acquisitions and establishing operations in multiple countries. The LPG model opened India's economy and created opportunities for companies to adopt new technologies and gain competitive advantages in international markets. Now, several Indian corporations have emerged as global multinationals and made large contributions to India's economic development.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd

    Liberalisation, Privatisation and Globalisation

    Uploaded by

    Shruti Kurup
    406 views15 pages
    The introduction of liberalization, privatization, and globalization (LPG) in 1991 led to significant growth of Indian multinational companies. Major Indian companies like Tata Group, Asian Paints, and others expanded globally through acquisitions and establishing operations in multiple countries. The LPG model opened India's economy and created opportunities for companies to adopt new technologies and gain competitive advantages in international markets. Now, several Indian corporations have emerged as global multinationals and made large contributions to India's economic development.

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PPT, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The introduction of liberalization, privatization, and globalization (LPG) in 1991 led to significant growth of Indian multinational companies. Major Indian companies like Tata Group, Asian Paints, and others expanded globally through acquisitions and establishing operations in multiple countries. The LPG model opened India's economy and created opportunities for companies to adopt new technologies and gain competitive advantages in international markets. Now, several Indian corporations have emerged as global multinationals and made large contributions to India's economic development.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    406 views15 pages

    Liberalisation, Privatisation and Globalisation

    Uploaded by

    Shruti Kurup
    The introduction of liberalization, privatization, and globalization (LPG) in 1991 led to significant growth of Indian multinational companies. Major Indian companies like Tata Group, Asian Paints, and others expanded globally through acquisitions and establishing operations in multiple countries. The LPG model opened India's economy and created opportunities for companies to adopt new technologies and gain competitive advantages in international markets. Now, several Indian corporations have emerged as global multinationals and made large contributions to India's economic development.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    of 15

    Growth Of Indian Multinationals After Introduction Of LPG Model

    PRESENTED BY: Minal Bafna - 03 Shivangi Baranwal - 06

    Awani Bhatt - 08
    Drashti Bhatt - 09 Nidhi Gala - 15 Shruti Kurup - 23

    Era Before 1991


    QUOTA RAJ

    LICENSE RAJ

    INSPECTOR RAJ

    INDIA TOWARDS REFORMATION


    Pre 1991 period- the combination of Quota Raj, License Raj and Inspector Raj led to heavy delay in the work, red tapism and corruption.

    During 1990-91, bringing a change in Economic Policy became necessary as Government went very low on cash. This situation led India towards LPG.

    L- LIBRALISATION

    P- PRIVATIZATION
    G- GLOBALISATION

    ROUTE TO LPG

    IMPACT OF LPG ON INDIAS GROWTH


    Global Embarkment Emergence of Indian MNCs.

    NEED AND REASONS FOR MULTINATIONAL COMPANIES IN INDIA


    Huge market Fastest growing economy Relaxation of government policies.

    MULTINATIONALISM BY INDIA
    Cut-cost
    Maintain high Quality

    Use State-of-art Technologies


    Gain competitive Edge

    Tata Group
    The Tata Group has, over the past decade-and-a-half, changed more than ever before in its long and illustrious history. One of the top multinational companies. The first big acquisition was by Tata Tea of Tetley back in 2000. In 2004, Tata Motors acquired the heavy vehicles unit of Daewoo Motors, South Korea.

    The grandest of them all came in 2007, when Tata Steel acquired Corus,
    the Anglo-Dutch giant, in a landmark deal,

    TATA MOTORS
    Subsidiary of Tata Group. Established in the year 1945. Tata Motors is ranked amongst the top employers of the country. In the year 2010 the total revenue earned by Tata Motors was $20.572 billion posting a growth rate of almost 64.2 per cent.

    ASIAN PAINT
    The company has come a long way since its small beginnings in 1942. Asian Paint is an Indian paint company headquartered in Mumbai. It is one of the largest paint corporation that operates in 17 countries.

    ASIAN PPG
    Following the economic liberalisation in 1991 automotive component and automobile manufacturing growth has accelerated to meet growing domestic and export demands.

    The automotive coatings market has become one of the fastest growing sub sectors in the Indian Industrial paint markets.
    A 50-50 joint venture took place between Asian Paints and PPG Industries, Inc.

    Leading to the creation of Asian PPG Industries Limited (Asian PPG) Incorporated on 19th February 1997.
    In the first year of operation (year ended 31st March 1998), Asian PPG recorded a sale of Rs. 118.76 million. In the year 2009-10, the consolidated sale was Rs. 4903.94 million Asian PPG is the second-largest player in industrial automotive paints

    OTHER WELL-KNOWN INDIAN MNCS


    RANBAXY Laboratories
    DR REDDYS Laboratories BHARAT FORGE ESSEL PROPACK TATA Consultancy Services

    INFOSYS

    INDIAN FOREIGN DIRECT INVESTMENT


    It can be broadly classified under the following:
    Backward Integration Marketing Energy Security Forward Integration Business Strategy

    CONCLUSION
    Enabled Indian Economy with Wheels of Development and Progress. MNCs are double-edged swords with its own Pros and cons.

    Mark their global presence.

    Thank You !

    You might also like