Question

why did union carbide an American company prefer to open its plant in India​

Answer 1

Union carbide being an American company preferred to open up its plant in India since more than 48% of the company was owned by indian investors and the Indian government. This company opened up a pesticide plant in india in 1970.

The plant was opened up in Bhopal. This same plant caused loss of very many lives after a gas leak that came to be known as the worlds worst industrial accident.

Answer 2

Union Carbide, an American company preferred to open its plant in India because they wanted to invest in the country as the company got its shares in Union Carbide India Limited in the year 1934.

Explanation:

• They opened a plant in Bhopal of Madhya Pradesh in 1969 and the production got started in 1979.

• Pesticides were being produced for the nation’s agricultural and in return, the boost in agriculture also meant more food production.

• 48% of the company was owned by indian investors and the Indian government

• The plant had an infamous tragedy in 1984 when the gas leaked and caused radiation over many miles and health problems along with death to a lot of population.

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Mention one way in which union carbide had tried to reduce costs in its Bhopal plant?

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Why did union carbide an American company prefer to open its plant in India​

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