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

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asked Jan 20, 2018 in Civics by Ankit Agarwal (28,847 points) ● 7 ● 31 ● 67

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

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answered Jan 20, 2018 by Ankit Agarwal (28,847 points) ● 7 ● 31 ● 67
 
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A company has to pay much higher salary and other facilities to its workers in the USA. But it can hire a worker at less than half that cost in India. Thus, a foreign company can save lot of money on wages if it sets up production base in India.

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