Question

Many foreign companies set up their manufacturing units in India. Why?

Answer 1

Answer:

India's robust and burgeoning foreign exchange reserves guarantee timely payment for repatriation of profits and portfolio outflows.

Large and Expanding Size of the Market. ...

India as an Alternative to China. ...

Ease of Doing Business. ...

Digital Revolution. ...

Well-managed Public Finances. ...

Robust and Resilient Financial System.