The country has become a hub for MNEs seeking to outsource business processes such as it and customer service due to an abundance of highly educated but low-cost labor is India.
What is outsourcing?
The process in which business firms hire companies or people from another country with expert knowledge and low remuneration to perform their business operations effectively is known as Outsourcing.
India has become Hub for bsuiness outsourcing process due to having highly educated people with low payscale as it is a developing country.
People from other countries like America seek high pay but in India due to lack of available opportunities low cost labor is easily available.
Learn more about outsourcing, here:
https://brainly.com/question/12101789
#SPJ4
