Indian labour market has competitive advantage over China: Report

labor

Indian has more affordable labour as compare to china noted by a report. As per the global professional services company a sharp fall in the rupee value against US dollar was given space for reduced labour cost in India. It was in contrast with China and labour costs are lower as compare to china. At senior level, average executive pay in China is $215,000 per annum and in India $94,000. The increasing inflation rates in china and India is expected to grow in coming years.

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