Sarthaks APP
0 votes
58.6k views
in Economics by (60.7k points)

India has certain advantages which makes it a favourite outsourcing destination. What are these advantages?

1 Answer

+1 vote
by (49.6k points)
selected by
 
Best answer

The advantages which make it a favourite out souring destination are :

  • Easy availability of cheap labour. As the wage rates in India are comparatively lower than that of in the developed countries.
  • Skills – Indians have reasonable degree of skills and techniques and knowledge of International language, English.
  • Stable Political Environment: The democratic political environment in India provides a stable and secured environment to the MNC’s to expand and grow.
  • Availability of raw material at cheaper rate India is well downed in natural resources. This ensures the MNC’s cheap availability of raw material and undisturbed and perennial supply of raw materials. This enables proper and smooth operation of MNC’s.
Sarthaks APP

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...