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16/06/2021 1:23 pm
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What are the advantages to foreign companies in setting up production in India?
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16/06/2021 1:24 pm
India provides cheap labour compared to some other countries. Wages paid to workers in foreign countries are much higher than in India. For lower pay, foreign companies can get long hours of work. Additional expenses such as housing facilities for workers are also fewer in India. Thus, foreign companies can save costs and earn higher profits.