MNCs are attracted by India booming economy
01 March 2022 View : 270 Author : AdminMultinational companies from around the world are setting up operations in India, attracted by its booming economy, growing foreign direct investment (FDI), low labor and raw materials costs, and English-speaking workforce.
The Indian government’s commitment to expanding the manufacturing sector, improving infrastructure, bureaucracy, and tackling corruption, as well as to the Make in India and Smart Cities initiatives, are also attracting companies seeking global growth.
By producing an influx of expatriates, international assignees and corporate relocations, this improving business, economic and political environment is fuelling the expansion of India’s vibrant global mobility sector.