Social Sciences, asked by Diksha4321, 8 months ago

Why did the union carbide open its factory in India only ?​

Answers

Answered by varun132004
1

Here is ur answer:-

Union Carbide Corporation (UCC) became one of the first U.S. companies to invest in India when UCC acquired shares in UCIL in 1934. ... Situated in the central Indian state of Madhya Pradesh, the Bhopal plant was built in 1969 and a production facility was added in 1979.

Answered by 06anandmyra
1

Answer:

One reason why foreign companies come to India is for cheap labour. Wages that the companies pay to workers, say in the U.S.A., are far higher than what they have to pay to workers in poorer countries like India. For lower pay, companies can get longer hours of work. Additional expenses such as for housing facilities for workers are also fewer. Thus, companies can save costs and earn higher profits.

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