TOPIC:- LARGE SCALE ENTERPRISES,EXPORT ORIENTED CORPORATION AND MNC’S IN INDIA PRESENTED TO MR R R SRIVASTAVA

PRESENTATION ON

I would like to start with a famous quotation i,e

“ A word of encouragement during failure is worth more than an hour of praise after success”

LARGE SCALE ENTERPRISESLarge scale enterprises refers to those enterprises which requires huge infrastructure, man power and have influx of capital assets.

CHARTERISTICS OF LARGE SCALE ENTERPRISES

Employees 200 and more employees.

Has assets of more than 200 million.

Earns revenue in millions.Has a large market share. Serves approximately six million customers worldwide.

EXPORT ORIENTED CORPORATIONOR

EXPORT ORIENTED UNITSThis scheme was introduced by ministry of commerce in 1980.It was introduced as a complementary scheme to FTZ/EPZ introduced in sixties, which had not attracted many units due to location restrictions.

PURPOSEThe purpose of the scheme was basically to boost exports by creating additional production capacity. Under this scheme, the units undertaking to export their production of goods are allowed to be set up.

OBJECTIVESTo increase exports.Earn foreign exchange to the country.

Transfer of latest technologies.To generate additional employment.

Stimulate direct foreign investment.

FEATURESNo license required for imports.Exemption from central Excise duty in procurement of capital goods, raw materials, consumables spares, packing material etc from the domestic market.

100%Foreign direct investment. Exchange earns foreign currency(EEFC)Account.

Exemption from customs duty on imports of capital goods, raw-materials, consumables ,spares, packing material etc from domestic market .

Supplies from Domestic Tariff to EOU treated as deemed exports.

Re-export of imported goods found for repair/ replacement, testing / calibration and returns.

cont

Job work on behalf of domestic exporters for direct export allowed.

Conversion of existing Domestic Tariff Area (DTA) unit into an EOU permitted.

New EOUs get Corporate Income Tax concessions till 2009.

Cont

Even second hand plant and machinery can be imported.

Can procure duty-free inputs for supply of manufactured goods to advance license holders.

EOUs get upto 5 years for utilization of imported capital goods , and upto 3 years for other items.

MNCAn enterprise operating in several countries but managed from one (home) country.

FEATURES OF MNCBig size.Huge intellectual capital.Operates in many countries.Large number of customers .Large number of competitors.Structured way of decision making.

ROLE OF MNC’S IN INDIAProfit maximization.International network of marketing.

Diversification policy.Concentration in consumer goods.

Cultural explosion

Finally I would like thank all of you for your kind attention.

It would be complete injustice if I will leave without thanking Professor R.R.Srivastava. Sir thank you very much for your timely advice.

Thank you