Choose whether the given statement is true or false:

India is a good destination for MNCs.

see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.

An Intiative by Sri Chaitanya

True

False

answer is A.

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

NEET

Foundation JEE

Foundation NEET

CBSE

Detailed Solution

The above statement is true. India is a good choice for MNCs, or multinational corporations, to establish themselves. India has an abundance of skilled, talented, and hardworking youth. It also serves as a good market. The government also provides support to companies and has even created SEZs, or Special Economic Zones, to promote their establishment. Transportation, logistics, electricity, water supply, technology, etc are available. Companies set up in these zones are not even required to pay taxes for the initial five years. The government is supportive and is working to promote foreign investment in the country. MNCs being set up here will be beneficial for both simultaneously.

Watch 3-min video & get full concept clarity