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

Asked by Monika | 2 years ago |  216

1 Answer

Solution :-

Advantages to foreign companies in setting up production in India are:

  •  Cheap labour: - Wages that the companies pay to workers say in the U.S.A. are far higher than what they have to pay workers in India.

For lower pay: - Companies can get longer hours of work.

  • Additional expenses such as housing facilities for workers are also fewer. Thus, companies can save costs and earn higher profits.
  •  Cost cutting can also be done by other more dangerous means.
  • → Lower working conditions including lower safety measures are used as ways of cutting costs.

Answered by Abhisek | 2 years ago

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