The entry of multinational companies in large numbers in the Indian market has created which of the following?

Tough Competition

The entry of multinational companies into the Indian market brings about intense competition among both domestic and foreign players. These companies often bring advanced technologies, global expertise, and significant resources, creating a challenging environment for businesses. This competition can lead to improvements in product quality, innovation, and efficiency, but it also requires companies to be on their toes to survive and thrive in the market.