What are the advantages to foreign companies in setting up production in India?
The advantages to foreign companies in setting up production in India are following:
(a) Foreign companies easily get cheap labours in India.
(b) We know that after China, India is the second largest populated country in the world and there is a very vast internal market of foreign goods available in India.
(c) India is linked to many countries and its geographical conditions are also favourable. It helps companies to export their goods to major markets of the world.