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Identify the reason as to why MNC’s would like to collaborate with India in producing goods.

Choose from the appropriate statements among the following options:

i. India has highly skilled engineers who can understand the technical aspects of production.

ii. It also has educated English speaking youth who can provide customer care services. This means 50-60 percent cost savings for the MNC.

iii. It’s the cheapest manufacturing location.

iv. It’s close to the markets in the US and Europe.

Options:

a. Statements i and ii are appropriate.

b. Statements i, ii and iii are appropriate.

c. All the statements are appropriate.

d. Only statement iv is appropriate.

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Correct answer is (a) Statements i and ii are appropriate.

i. India has highly skilled engineers who can understand the technical aspects of production.

ii. It also has educated English speaking youth who can provide customer care services. This means 50-60 percent cost savings for the MNC.

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