It has been acutely visible over the last three years. Multinational companies in India, in the fast moving consumer goods (FMCG) space, have been able to deliver higher returns on investment compared to their Indian peers. Be it Hindustan Unilever, Nestle or Colgate-Palmolive, with returns of over 95 per cent, respectively, on an average, these multinationals have been able to grasp more than an understanding of the regional nuances of the market and have delivered, and not just on the investment front.
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