Home Preparation for National Talent Search Examination (NTSE)/ Olympiad
Chapter : 4. Globalisation and the Indian Economy
Production Across Countries
Production Across Countries Until the middle of the 20th century, production was organised within countries. Even in our country most of the production was in the hands of the government. But with the entry of MNCs (Multi National Corporations) the whole world market has changed. MNC : A MNC is a company that owns or controls production in more than one country for e.g. Pepsi, Samsung, Onida, Glaxo, Ponds, LG etc.