what are the advantage to foreign companies in setting up production in India?
Answers
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.
Answer:
the advantage to foreign companies in setting up production in India:-
1) foreign companies get cheap labour , wages that the companies pay to workers in the USA are far higher than what they paid to workers in India
2) lower working conditions including lower safety measures are used as ways of cutting cost thus company can save cost and earn high profits
3) additional expenses such as for housing facilities for workers are also cheap
4) companies take advantages of the workers vulnerability because one worker can easily replace another
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