advantages and disadvantages of foreign companies in India
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Advantages are that : we can know how much the other countries are developed and what help our country to do so.
Disadvantage : disadvantage is that , when we buy anything from foreign company then our money is sent to other country which is kind of loss for our country
Disadvantage : disadvantage is that , when we buy anything from foreign company then our money is sent to other country which is kind of loss for our country
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Answer :
The advantages to the foreign companies in setting up production in India are :-
1. Foreign companies get cheap labour. Wages that the companies pay to the workers in the USA are for higher than what they paid to the workers in India.
2. Additional expenses such as for housing facilities for workers are also cheaper.
3. Lower working conditions, including lower safety measures are used as ways of cutting costs.
Thus , companies can save costs and earn huge profits.
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