In what ways has competition affected workers, Indian exporters and foreign MNCs in the garment industry?

Q.:- In what ways has competition affected workers, Indian exporters and foreign MNCs in the garment industry?

 

Answer:-

Workers have lost their permanent jobs. Faced with growing competition most employers prefer to employ workers ‘flexibly’. It means that jobs are no longer secure. Wages are low and workers have to put in long hours of work.



India’s exporters are facing tough competition and try hard to cut down their cost of production to remain in competition. MNCs are financially strong and are successfully managing their production.


TutionTeacher: Know free answers of your school textbook. You can find the correct answer of your School textbook question here. This education portal will help in getting the NCERT solutions for your exams. Here you will get the complete question answer and solution of your textbook for your better education. Your can also ask for online study and assignment help from menu. Online test series will also help you how to learn and achive better marks in your school or collage.