What are the advantages to foreign companies in setting up production in India?
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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.
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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.
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