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Class 12 Tuition > Learn Economics > India has certain advantages which makes it a favourite...
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India has certain advantages which makes it a favourite outsourcing destination. What are these advantages?

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The advantages which make it a favorite out souring destination are Easy availability of cheap labor. As the wage rates in India are comparatively lower than those in developed countries. Skills – Indians have a reasonable degree of skills and techniques and knowledge of the International language,...
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The advantages which make it a favorite out souring destination are Easy availability of cheap labor. As the wage rates in India are comparatively lower than those in developed countries. Skills – Indians have a reasonable degree of skills and techniques and knowledge of the International language, English. Stable Political Environment: The democratic political environment in India provides a stable and secured environment for the MNC’s to expand and grow. Availability of raw material at a 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. read less
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1. Availability of cheap labour 2. Favourable government policies 3. Lack of competitive competitors 4. Availability of raw materials at cheaper rate.
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