Indian Economy

the cheaper production costs

Plenty of raw materials

good government policies

MNCs have increased their investments in India over the past 20 years, which means investing in India has been beneficial for them.

Globalisation and greater competition among producers - both local and foreign producers - has been of advantage to consumers, particularly the well-off sections in the urban areas.

Government has also allowed flexibility in the labour laws to attract foreign investment.

several of the top Indian companies have been able to drawback from the increased competition. They have invested in newer technology and production methods and raised their production standards.