You can read what are india's competitive advantages and disadvantages in this sector. Wastage of resources is avoided. Second in spite of wage inflation in India the Indian information technology IT industry continues to have cost advantage over its counterparts in the US and Europe as low cost skilled labor is available in the country. The main reason for foreigners to invest in India more than any other country is that India has the knack to produce quality goods and services and provide top-class services at a lower cost. Check also: advantages and what are india's competitive advantages and disadvantages in this sector 1The IT-ITeS industry is particularly suited to the resource endowments in a developing country like India by making increasingly more use of the resources in which India has a comparative advantage such as quality manpower and less use of the resources in which India has a comparative disadvantage such as physical infrastructure and financial capital Arora and Athreye 2002 Coward.
9A final set of disadvantages relates more narrowly to the way Chinese companies are organised and operate. Several domestic industries receive financial benefits from the government including farming and other areas of agriculture.
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Modern technologies brought by the foreign companies into India will give the much needed boost to the Indian industries and make them more competitive in the world.
No One Can Buy During a Site Crash Ecommerce Disadvantage 3. Local market knowledge and insight makes a business more competitive and profitable. When a company dominates a given industry competitors might accuse it of monopolizing the market. 10Competitors of Tesco in the UK. Fewer government expenditures occur because of free trade. In the long run we are looking at lower inventory costs that will benefit the economy on the whole.
Advantages And Disadvantages Of Make In India The main competitors of Tesco in the UK are Sainsburys Asda Morrisons Aldi Co-op Lidl Waitrose and Iceland.
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