what are the advantages to foreign companies in setting up production in India?
Answers
Answered by
6
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.
Answered by
2
Answer:
The advantages to foreign companies in setting up their production in India is as follows:
- Foreign companies come to India because of the cheap labour.
- Low wages and longer hours of work.
- Minimum additional expenses, such as for housing facilities for workers.
Similar questions