Give two advantages to foreign companies in setting up production in india
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Cheap labour, i.e. wages the companies pay in developed countries is far more than wages they pay in developing countries.For lower pay, companies can get additional hours of work.The companies can save costs and earn higher profits.
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hy
here is your answer
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(i) Foreign companies get cheap labour. Wages that the companies pay to workers in the USA are far higher than what they have to pay to workers in India. (ii) Additional expenses such as for housing facilities for workers are also cheaper. (iii) Lower working conditions including lower safety measures are used as ways of cutting costs. Thus, companies can save costs and earn high profits.
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i hope you understand
here is your answer
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(i) Foreign companies get cheap labour. Wages that the companies pay to workers in the USA are far higher than what they have to pay to workers in India. (ii) Additional expenses such as for housing facilities for workers are also cheaper. (iii) Lower working conditions including lower safety measures are used as ways of cutting costs. Thus, companies can save costs and earn high profits.
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i hope you understand
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