QUESTION 7
GS3
10 marks
Examine the impact of liberalization on companies owned by Indians. Are they competing with MNCs satisfactorily? Discuss.
WRITE IN
7 min
200 words
What the examiner wants
Examine how liberalisation affected Indian-owned companies and whether they compete well with MNCs.
Examine; DiscussAnswer exactly what the question asks.
Demand-wise check
- 1Early fears: Bombay Club (1993) sought a level playing field≈35 words
- 2Gains: scale, technology, capital access; outbound acquisitions (Tata-Corus, Tata Motors-JLR, Hindalco-Novelis)≈35 words
- 3Strong sectors: IT services, pharma generics, auto (Maruti, Mahindra), FMCG challengers≈35 words
- 4Weak spots: electronics, capital goods, R&D spending; brands sold to MNCs (Thums Up 1993)≈35 words
Open in about 30 words and close in about 30.
Answer plan
Pre-1991 protectionInitial shockAdaptation and global expansionSector-wise scorecardVerdict
Where marks usually go
- No clear answer to 'satisfactorily'
- Only success stories
Draw this
- Sector scorecard table: competitive vs lagging
Value addition
- ExampleTata Steel bought Corus (2007) for about $12 billion, then the largest Indian overseas acquisition.Tata Steel, 2007
- ExampleParle sold Thums Up and Limca to Coca-Cola in 1993.Business history
Mapped topper copies
Reviewed public-source references related to this PYQ. Same-syllabus references are labelled separately.
- Aniket Ranjan · AIR 48 · Page 26 ↗Same syllabus reference
- Shakti Dubey · AIR 1 · Page 23 ↗Same syllabus reference
- Mayank Purohit · AIR 33 · Page 3 ↗Same syllabus reference
- Mayank Purohit · AIR 33 · Page 13 ↗Same syllabus reference
Links open original public sources. MainsBuddy does not host these answer sheets.
Next: plan for one minute, write it in 7 minutes, then get it checked.