What does Cargill Foods India Limited produce in India ?

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Edible oil

Cereal

Nuts

None of the above

answer is A.

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Detailed Solution

Cargill Foods India Limited produces edible oil in India.
It is an MNC that merged with Parakh Food, a local company, and became the world's highest producing company of edible oils. MNCs majorly collaborate with joint ventures and set up production units with them to increase their production efficiency. This gives them a vast market to earn profits from. They place orders through small industries that know small producers in developing countries where the resources are cheap. Then, the MNCs sell those products under their brand. Large MNCs buy small and local industries to get a grip on the customers with optimum utilisation of the resources. Small industries, in return, get the latest technology and they provide low costs of labour and raw materials to MNCs.

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Result Producing online coaching for JEE/NEET of south India

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Best Books for NEET

How to Join IIT after 10th