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Bly Logistics, a multinational company based in the United States, is interested in India as a consumption market. Which of the following is a likely
Bly Logistics, a multinational company based in the United States, is interested in India as a consumption market. Which of the following is a likely reason for this interest? India's domestic consumption of consumer goods accounts for two-thirds of its economy and its middle class is growing. The amount of India's gross domestic product that makes up domestic consumption is the lowest of any major economy at less than one-third. India's infrastructure is excellent, which puts its consumers in a better position to spend. The low-cost production in India and the large potential demand for products, given its large population base, plus a gross domestic product that makes up domestic consumption at less than one-third
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