Practicing Success
Practicing Success
CUET Preparation Today
| Why is India a favourite destination for the changed working patterns of multinational companies? |
With the changing trends in Capitalism, multinational companies reduced permanent employees and started outsourcing labour across the globe. India with its high population provides cheap labour making the country a favourite destination for multinationals. The competition in the Indian market is a positive chance for the multinationals to grow and test their products which makes India their favourite destination. Indian population has a large percentage of upper-middle-class who are focused on consumerism. this makes India a favourite destination of multinationals. The prominent position of India in south Asian politics makes India a favourite destination for multinationals. |
| With the changing trends in Capitalism, multinational companies reduced permanent employees and started outsourcing labour across the globe. India with its high population provides cheap labour making the country a favourite destination for multinationals. |
| More and more companies are reducing the number of permanent employees and outsourcing their work to smaller companies or even to homes. For multinational companies, this outsourcing is done across the globe, with developing countries like India providing cheap labour |
