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

Answer 1

The two main advantages which the foreign companies earn in setting up the production in India are:

1.They get cheap labour, compared to the labour in their countries.

2.They earn more and more profit in unknown countries, such as India.

Answer 2

3 adantages that india has over other countries in terms of business are:

1). Skilled and young population

2). Command over multiple lamguages including english.

3)Big market of 1.21 billion peoples

4). Its location: India is located at such place from where you can trade with Africa, Middle East and South East Asia, its on the route of shipping highway in Indian ocean.. Its time with 12hour ahead of USA, helps in BPO

Answer 3

There are reasons why a company would move their business to India. One of the benefits is cheaper labor costs and the fact that the people of India are in great need of employment. Many Indians are seeking jobs in the USA. Technology is outsourced in India making it one of the largest growing in the electronics and software field. Scientist are numerous. Most of the people in India speak English.