India

• Facts:

  • NEE where manufacturing industry employs 22% of workforce (key to economic development/tax money)
  • 1.4 billion people
  • 74% literacy rate
  • 0.64 HDI
  • 68 life expectancy
  • 7060 GNI
• Unilever (HUL) Positives:

  • create jobs for both countries
  • more reliable income than farming
  • employee skills through training
  • new technology to invested country
  • money spent to improve local infrastructure
  • wages/taxes improve economy
• Unilever (HUL) Negatives:

  • lower wages in India
  • profits go to richer countries
  • TWC relocate to other countries so jobs are still insecure
  • long hours in poor conditions
  • TNC avoid tax
  • factories easily closed
• Hindustan Unilever Limited (HUL):

  • employ 16,000 Indians
  • improve economy via multiplier effect
  • $45 billion annual sales