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Globalised And Glocalised Production. IB HL. Globalised Commercial Production. Glocalised Commercial Production. Multinational Companies: India. There is a considerable impact of multinational companies on local agriculture in India.
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Multinational Companies: India • There is a considerable impact of multinational companies on local agriculture in India. • Contract farming occurs when a company buys the entire crop of a large group of farmers. • Pepsi Foods controls around 1000 farmers in the state of Punjab. • In 1989 the company opened a factory to make a tomato paste for the Pizza Hut chain of restaurants around the world.
Multinational Companies: India • Local farmers were given interest free loans to buy foreign seeds and tools, and Pepsi buys the produce at fixed prices. • Pepsi foods makes potato crisps locally also. • Most food produced in India by these companies is sent abroad. • India is number 1 in the world for the production of fruit and vegetables but only uses 1% of it.
Activities • Using Geography For The IB Diploma P228-233, answer the following… • Analyse and explain the costs and benefits of Globalised and Glocalised Commercial Production. • What are the costs and benefits of TNC’s operating in host developing countries? • What are the reasons behind the rise of the Halal business? • What are the reasons behind the popularity of community-supported agricultural programmes?