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NCERT Class 8 Civics: Chapter 10, Question Exercise Q.2
What are the advantages to foreign companies in setting up production in India?
Advantages to foreign companies in setting up production in India are:
→ Cheap labour: – Wages that the companies pay to workers say in the U.S.A. are far higher than what they have to pay workers in India.
→ For lower pay: – Companies can get longer hours of work.
→ Additional expenses such as housing facilities for workers are also fewer. Thus, companies can save costs and earn higher profits.
→ Cost cutting can also be done by other more dangerous means.
→ Lower working conditions including lower safety measures are used as ways of cutting costs.
https://www.indcareer.com/schools/ncert-solutions-for-8th-class-civics-chapter-10-law-and-social-justice/