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.