Question

When big foreign companies such as IKEA and Amazon comes to India it is good for Indian economy as a lot of foreign money is coming into India. Can you think and explain 2 ways in which these foreign companies can harm the Indian economy?

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Answer 1

Answer:

We note that Amazon's entry into India played a crucial role in driving a 10x growth in the country's e-tailing market size in five years. It became the #2 player in the market in less than three years of launch. It worsened the sector's unit economics and forced many competitors to delay their IPO plans.

Explanation:

Answer 2

Answer:

hello I'm nandan(10th)

I hope you are fine and great!!!

can we be friends??