Social Sciences, asked by vibhuti2646, 5 months ago

what are advantages to foreigners companies in setting up production in India??¿

Answers

Answered by mamidipuspamma

Answer:

The advantages of foreign companies in setting up production in India are:

(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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